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- Register your nomination in the Demat Account before 31st Dec 2023. If you do not wish to register, please fill opt out form for nomination before 31st December '23. Else the account will be freeze from 1st January 2024
- Customer can do RTGS 24 x 7 using Net Banking Application
- Customer can do bill payment though Billdesk Payment Gateway using our Net Banking
- DICGC Premium paid upto 30/09/2024
- Account Viewing Facility Available
- Senior citizen 0.50% more interest rate on deposits of more than 1 year
- Franking of non-adhesive judicial stamps
- ATM cum Debit Card - RuPay Card Facility Available
- Bank Holiday on Second and Fourth Saturday
- Locker facility at 13 branches
- Net NPA 0%
- Mobile Banking Facility Available
D.A. Bills Discounting Under L/c.
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This facility is to be allowed against bills drawn on reputed parties, representing genuine trade transactions only.
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Upcountry usance Bills should be accompanied by Railway Receipts (RRs) and/ or Motor transport receipts (MTRs) of approved transport companies in the name of self or in the name of our Bank, bill of exchange, invoices and schedule containing instructions of the borrower for interest, grace period, if any, etc.
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Unexpired usance should normally not exceed 365 days.
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No advance should be allowed against bills drawn on sister/associate/family concerns.
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Margin may be fixed in the range of 0 % to 30 % for D.A. Bills under L/C and 10% to 30% for D.A. Bills (without L/C) Interest is to be charged for actual period of advance allowed only.
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Bills discounting under L/Cs facility can be allowed only to our customers after obtaining sanction of Board of Directors.
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Before discounting usance bills, L/C opening bank or confirming bank has to confirm that documents presented are in conformity with terms of L/C. Advances agst. Inland D A Bills (Under L/c) can be upto less than 1 year.
