Phone : 033 22252906 / 033 22251883
Fax : 033 2257068
Email :
 
Details for Deposit
Details for  Loans
View Services
 
  Products
 

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
DEPOSIT
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

 
 
 

1) Savings Bank Account

Anyone can open a Savings Bank Account with a minimum amount of Rs. 500/- (for account without cheque facility) and Rs. 1000/- (for account with cheque facility).


2) Current Bank Account

  • This facility is available for business community where minimum balance of Rs. 3000/- required to be maintained .


3) Term Deposit

  • Simple Fixed Deposit, the payable interest in this kind of fixed deposit will be calculated in simple interest calculation method.

      Fixed Deposit Interest ( w.e.f. 01. 02.2016)

     

     

    PERIOD

    INTEREST RATE
    46 TO 90 DAYS 6%
    91 TO 179 DAYS 6.75%
    180 TO 210 DAYS 7.35%
    211 TO 364DAYS 7.50%
    1 YEAR TO455 days 8.00%
    456 days to less than 2 years 8.00 %( Senior citizen extra .50%)
    2 years to 3 years 8.00% (Senior citizen extra .50%)
    4 YRS (MIS) 8.50 %( Senior citizen extra .50%)
    10 YRS (MIS) 8.00 %( Senior citizen extra .50%)
    500 DAYS 8.5%(Staff and Share holder)
       


  • Special Fixed Deposit, the payable interest in this kind of fixed deposit will be calculated in quarterly compound interest calculation method.

  • Monthly Income Scheme, the payable interest in this kind of fixed deposit will be calculated in simple interest calculation method and the interest will transfer in monthly basis to respective savings bank account.


4) Recurring Deposit Interest


 

PERIOD

INTEREST RATE

1 Year

8.00%

2 Years

8.25%

3 Years

8.50%
 
5) Saving Interest : INTEREST RATE 4%

 

 

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
LOANS & ADVANCES
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

 
 
 
1) Personal Loan (Share holder Loan)

Share holders can take the loan up to 700,000/- ROI 14%
Eligibility:-

  • Railway men should have Bank’s membership (Share Holder).
  • Share holder can apply for loan on the basis of his/her Basic Pay, he/she can get loan twenty (20) times of his/her Basis Pay.
  • May have three sureties.


2) Loan against Salary.

Share holders can take the loan against their salary up to 5,00,000/-ROI @ 15.50% and 1% processing charge.

Eligibility:-

  • Applicant and Guarantor must maintain his / her Salary A/c with the Bank for atleast three months.
  • Railway men should have Bank’s membership (Share Holder).
  • Share holder can apply for loan on the basis of his/her Net Pay, he/she can get loan up to 2,50,000/- on the basis of their Net Salary (e.g. Net Salary up to 9000/- may get loan up to 150000/- , and more then 9000/- may get loan up to 2,50,000/-).
  • Applicant may have at least 50 numbers of leave.
  • One person can stand as a guarantor for one borrower.

 

3) Loan against term deposit.
Anyone can take up to 75% loan against their Term Deposit receipt and 50% loan against their Monthly Income Scheme (MIS).
 
 
 
 
  Services
 
 



1) Salary Transfer Facility for Railway Men.

Railway men are allowed to transfer their salary to the Bank by maintaining salary saving deposit account. They may have the opportunity to take Personal loan against their salary saving deposit account.


 


2) Holiday Home for members and staff of the Bank:

Staffs and Shareholders have opportunity to book accommodation in holiday homes at various places.


  • Holiday Home at PURI        
    Address: - Gour Badsahi Road (Near Fish Market), Puri, Orissa.





  • Holiday Home at DIGHA     
    Address:- Hotal Prantik & Resort,
    31,Mini Holiday Home Sector, P.O. & P.S.-Digha Purba Madinipur, West Bengal.
    Ph: 03220-266541    
            

 

 
 
 
 
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Holiday Home
Staffs and Shareholders have opportunity to book accommodation of holiday home at various places.
   
Notice Board
We are passing on latest information and keeping people informed of our latest offers.
Questionnaire
Do u have any question?
Or any kind of queries?
We have expert to answer your queries.
Download Forms
We have different type of form in PDF format. You
can download from here.
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
  Home | Brief Profile of the Bank | Board of Directors | Executive Members | Memorandum | Mission & Vision | Products / Services / Schemes
News | Announcement Questionnaire | Download Forms | Branches | Holiday Home | Notice Board | Customer Care | Feedback | Complaints