Photo Courtesy: Indian Railways

1.Who are the owners of this Bank?

Employees from the Indian Railways jurisdiction of Darjeeling Himalayan Railways, East Central Railway, Eastern Railway, Metro Railway (Kolkata) & North East Frontier Railway are owners of the Bank.

2. Can I borrow?

Only if you are an employee from the Indian Railways jurisdiction of Darjeeling Himalayan Railways, East Central Railway, Eastern Railway, Metro Railway (Kolkata) & North East Frontier Railway are owners of the Bank.

3. Can I invest surplus funds?

Yes, any Indian citizen can invest funds with us.

4. How can I place deposits?

You can place deposits by visiting any of our four branches in Kolkata and Kanchrapara or ten camp offices across Assam, Bihar & West Bengal.

5. Is this Bank regulated by Reserve Bank of India?

Yes, Reserve Bank of India issued the Banking License in 2010. We are a Tier II Unscheduled Salary Earners’ Bank

6. Can I place deposits from anywhere in India?

Once you have completed the account opening paperwork at any of the branch or camp offices, deposits can be placed through electronic transfers and standing instructions from any other Bank in India.

7. Can I place deposits from locations outside India?

No, at the moment you may not

8. Can I place SIP/Recurring Deposit Account from anywhere in India?

Once you have completed the account opening paperwork at any of the branch or camp offices, deposits can be placed through electronic transfers and standing instructions from any other Bank in India.

9. Is opening a Savings Bank account mandatory for placing term deposits?

Yes, a nominal balance of Rs. 500/- needs to be maintained in a savings account before placing your investments with us. This savings account will be linked for transfer of maturity proceeds.

10. What is your IFSC Code?

HDFC0CENFRB

11. Do you offer home banking facilities for senior citizens?

Yes, we offer need based non cash services for senior citizens only, at their residence.

Registered & Head Office :
34 A&B Sashi Bhusan Dey Street, Kolkata 700 012
Four Branches & Ten Camp offices in West Bengal, Assam & Bihar :
Kolkata, Kanchrapara, New Jalpaiguri, Tinsukia, Alipurduar, Badarpur, Katihar, Maligaon, Malda, Lumding, New Bongaigaon and Rongiya
© Eastern & North-East Frontier Railway Co-operative Bank Ltd. All rights reserved.