Money is the mother of banks and banks are the reformer of money.
Deposit products
Monthly Saving Scheme
It is a significant product; introduced to attract small savers for building up their habit of savings and thereby build up a healthy capital base for the economy. The monthly installments are in varies sizes and one can adopt the schemes for a period of o5 years, o8 years or 10 years.
Monthly Benefit Deposit Scheme
Under this scheme, depositor will get a certain sum of money in each month proportion to his or her deposit during the entire tenure. Benefits starts right from the firs month of opening an account under this scheme and continue upto five years. On maturity, the principal amount is paid back. This scheme is suitable for the retired persons.
Double Benefit Deposit Scheme
Under this scheme, deposited amount will be double in tenure maturity period.
Quarterly Benefit Deposit Scheme
In the ‘Quarterly Benefit Deposit Scheme’ interest will be paid on quarterly basis. Benefits start right from the first quarter of opening the scheme. On maturity, principal amount will be paid back.
One and Half Times Benefit Deposit Schemes
In these schemes, on maturity, 1.5 tomes of the deposited amount will be paid back to the account holder.
Advance Benefit Deposit Scheme
The depositor will receive the benefit on yearly basis. The benefit amount of first year will be received in advance at the time of deposit.
Loans Products
Consumer Credit Scheme
Consumers’ credit scheme is one of the popular areas of collateral-free finance of the bank. People with limited income can avail of credit facility to buy household goods including computer and other consumer durables.
Lease Finance
This scheme has been designed to assist and encourage the genuine and capable entrepreneurs and professionals for acquiring capital machineries, medical equipments, computers, vehicle and other items.
Doctors’ Credit Scheme
Doctors’ Credit Scheme is designed to facilitate financing to fresh medical graduates and established physicians to acquire medical equipments and set up clinics and hospitals and thereby make the medical facilities upgraded and available to the mass people.
SME Loan Scheme
Small and medium enterprise SME loan scheme has been introduced to provide financial assistance to new or experienced entrepreneurs to invest in small and medium scale industries with comparatively low rate of interest.
Personal Loan scheme
Personal Loan Scheme has been introduced to extend credit facilities to cater the needs of low and middle-income group for any purpose.
Car Loan Scheme
Car loans scheme has been introduced to enable middle-income people to purchase Cars/SUVs/Jeeps
Home Loan Scheme
To meet the growing need of housing for middle and lower-middle income people, bank has introduced home loan scheme.
