TERM DEPOSITS :
Features:
1) Any individuals, firms, corporate bodies, associations etc. are eligible to deposit in this scheme.
2) Account can be opened with a minimum of Rs.500/-.
3) Minimum period of 15 days and up to 120months.
4) Interest has paid monthly/quarterly/Half yearly or along with principal amount on maturity.
CURRENT A/C :
Features:
1) Current Account with Cheque Book Facility.
2) Demand Draft (Local and outstation).
3) RTGS/NEFT/Funds Transfer.
4) Money Transfer Services.
4) Remittance.
4) Nomination Facility.
SAVINGS DEPOSITS :
A Savings Account may be open by Individuals / Minors / Regd. Co-op. Societies / Regd. Public Trusts / HUFs.
Features:
1) Savings Bank Account with Cheque Book Facility.
2) Demand Draft (Local and outstation).
3) RTGS/NEFT/Funds Transfer.
4) Money transfer services.
5) Remittance.
6) Nomination Facility.
7) Savings Bank Rate of Interest @ 3.5% credited Half yearly.
RTGS :
RTGS (REAL TIME GROSS SETTLEMENT)
Features:
1) Real time gross settlement system (RTGS) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch in real time.
2) 2 lakh and Above RTGS.
3) The beneficiary gets the credit on real time depending on the time of settlement.
4) The essential information that the remitting customer has to furnish is Beneficiary details such as beneficiary name and account number. Name and IFSC of the beneficiary Bank branch.
NEFT :
NEFT SYSTEM
Features:
1) National Electronic Funds Transfer (NEFT) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch.
2) Below 2 lakh NEFT.
3) The beneficiary gets the credit on the same Day or the next Day depends on the technical functioning of Computers and communication systems of RBI time of settlement.
4) The essential information that the remitting customer has to furnish is Beneficiary details such as beneficiary name and account number. Name and IFSC of the beneficiary Bank branch. Pay Order Facility.
RTGS :
RTGS (REAL TIME GROSS SETTLEMENT)
Features:
1) Real time gross settlement system (RTGS) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch in real time.
2) 2 lakh and Above RTGS.
3) The beneficiary gets the credit on real time depending on the time of settlement.
4) The essential information that the remitting customer has to furnish is Beneficiary details such as beneficiary name and account number. Name and IFSC of the beneficiary Bank branch.
NEFT :
NEFT SYSTEM
Features:
1) National Electronic Funds Transfer (NEFT) system is a nationwide funds transfer system to facilitate transfer of funds from any bank branch to any other bank branch.
2) Below 2 lakh NEFT.
3) The beneficiary gets the credit on the same Day or the next Day depends on the technical functioning of Computers and communication systems of RBI time of settlement.
4) The essential information that the remitting customer has to furnish is Beneficiary details such as beneficiary name and account number. Name and IFSC of the beneficiary Bank branch. Pay Order Facility.
Pay Order Facility :
Bank issues pay order at lesser commission charges. Safe your valuables @ Sri Ambabhavani urban co-op Bank Ltd., with security-oriented locker facility available at flexible timings and reasonable charges.
Locker Facility :
| SL.NO | LOCKER TYPE |
|---|---|
| 1 | Small Size |
| 2 | Large Size |
DEPOSIT RATE OF INTEREST
| SL.NO | PERTICULARS | GENERAL CITIZENS | SENIOR CITIZENS |
|---|---|---|---|
| 1 | 15 DAYS TO 90 DAYS | 4.00% | 4.50% |
| 2 | 91 DAYS TO 180 DAYS | 5.00% | 5.50% |
| 3 | 181 DAYS TO 1 YEAR | 6.00% | 6.50% |
| 4 | 1 YEAR 3 YEARS | 8.00% | 8.25% |
| 5 | ABOVE 3 YEARS | 7.00% | 7.50% |
Term Loan:
1) Salary Loan.
2) Personal Loan.
Secured Loan:
1) Mortgage Loan.
2) Housing Loans.
3) Gold Loan.
4) N.S.C.Loan.
5) L.I.C.Loan.
6) Vehicle Loan (4 Wheeler, 2 Wheeler).
7) Cash-credit loan ( O.D).
LOAN RATE OF INTEREST
| S.L. N.O. | PERTICULARS | RATE OF INTEREST | |||
|---|---|---|---|---|---|
| 1 | PL PERSONAL SECURITY LOAN | 16.00% | |||
| 2 | SL SALARY LOAN | 15.00% | |||
| 3 | ML MORTGAGE LOAN | 12.00% | |||
| 4 | VL VEHICLE LOAN
|
15.00% 14.00% |
30% DP** |
||
| 5 | GL GOLD LOAN | 10.00% | |||
| 6 | LD PIGMI LOAN | 09.00% | |||
| 7 | LN N.S.C LOAN | 10.00% | |||
| 8 | LL L.I.C LOAN | 10.00% | |||
| 9 | LH HOUSING LOAN | 09.50% | |||
| 10 | OD CASH CREDIT LOAN
|
12.00% 13.00% |