Who can open an account :
Minimum deposit : Rs. 500/-
● Interest will be paid on the deposits at the rate in force from time to time.
● Interest amount will be paid monthly.
● Interest will either paid in cash or credited to the bank account of the depositor
Term deposit certificate :
The bank will issue a certificate in favour of the depositors showing the amount deposited, the period for which the deposit is accepted, maturity date and maturity amount.
Loan against deposit :
90% Loan against deposit amount is available.
The bank reserves the right to alter, amend, rescind the rules from time to time.
● Any person or persons approved by the bank.
● Co-operative societies, registered trust, institutions and associations.
● By two or more persons in their joint names.
● By a natural guardian i.e. father or mother approved by the bank on behalf of a minor.
Harbour Crest, Mazgaon T.T., Mumbai - 400 010.
+91-22 2372 3753, 2372 9969, 2637 9971, 2373 4202, 2373 4311