8.00%

Bank Accounts : The Bhadran Peoples' Co-Op. Bank Ltd.

Bank Accounts

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Current Account

This Account Can be Opened for Any Business Establishment Like.

  • Proprietorship Business
  • Partnership Business.
  • Pvt. Limited Company.
  • Limited Company.
  • Any Other Institute / Trust / Co-Soc etc.
  • Any Individual - Single or Jointly
  • Minimum Balance is Rs. 5000/-
  • Nomination facility is Available.
  • Lowest Service Charges In the Banking Sector.

 Requisites For Opening Of Account.

  • Duly filled Account Opening form.
  • Copy of PAN Card / Duly filled Form 60.
  • 2 Photographs of Each Signatory.

Any of following document.

  • Ration Card
  • Passport/Adhaar Card/Voters ID.
  • Electricity Bill / Telephone Bill / House Tax Bill Etc.
  • Two Business Proofs

Introduction :
Account Holder Are Required To Introduce themselves by any One of the following :

  • Existing CA/CC Account Holder.
  • Share Holder Member of The Bank.

Charges :

  • Stop payment charges Rs.25 per Cheque.
  • Chequebook Issue Charge - Rs. 1 Per Instrument.

Savings Account

  • Significant Features:
  • Any Individual Can Open This Account.
  • Maximum 4 Names Are Allowed In Joint Account.
  • Minimum Balance is Rs. 500/-
  • Institute / Co-Soc./Mandli/Trust Can Open This Account.
  • Account Can be Opened by Minors too.
  • Current Rate Of Interest is 3.50 % Subject to Change as per RBI’S Rules.
  • Cheque book Charge is Charged for Regular Usage.

Extra Cheque books are Chargeable.

  • Duplicate Passbook is Chargeable.
  • Nomination facility is Available.

Requisites For Opening Of Account :

  • Duly filled Account Opening form.
  • Copy of PAN Card / Duly filled Form 60.
  • 2 Photographs of Each Signatory.
  • Any of following document.
  • Ration Card
  • Passport/Adhaar Card/Voters ID.
  • Electricity Bill / Telephone Bill / House Tax Bill Etc.
  • Valid documents issued and permitted by govt.

Introduction :

  • Account Holder Are Required To Introduce themselves by any One of the following :
  • Existing Account Holder.
  • Share Holder Member of The Bank.

Fixed/Recurring Deposit Account

Current Rate Of Interest :

  • 12 Months         7.00%
  • 24 Months         7.25%
  • 36 Months         and above 7.50%

Significant Features:

  • Any Individual Can Open Recurring Deposit Account.
  • Maximum 2 Names Are Allowed In Joint Account.
  • Minimum Amount of Monthly Installment is Rs. 100/-.
  • Institute / Co-Soc./Mandli / Trust Can Open Recurring Account.
  • Recurring Deposit is Accepted For Minors too.
  • Current Rate Of Interest is Subject to Change.
  • Nomination facility is Available.
  • Payment exceed by Rs. 20000 at the time of maturity will be paid to A/c Pay Order Only/ Deposit in Savings Account.
  • Select Maturity Period & Pay Instalment Regularly.
  • Get Handsome Amount with Compounded Interest is paid on Maturity.
  • Irregularity in the deposition of instalment attracts penalty.
  • Deposit instalment before 10th date of every month.
  • TDS Applicable.

Requisites For Opening Of Account.

  • Duly filled Account Opening form.
  • Copy of PAN Card / Duly filled Form 60.
  • 1 Photograph of Each Signatory.
  • Any of following document.
  • Ration Card
  • Passport/Adhaar Card/Voters ID.
  • Electricity Bill / Telephone Bill / House Tax Bill Etc.
  • valid document issued and permitted by govt.

Introduction :

  • Account Holder Are Required To Introduce themselves by One of the following :
  • Existing Account Holder.
  • Share Holder Member of The Bank.

Deposit Interest Rate :

  • Interest rates on Saving Account is 4.00% on daily credit balance.
  • The Interest Rates for deposits have been revised from 11/02/2015, New Interest Rates for deposits as mention below

Sr.

Particular

Regular

1

7 days To 45 days

3.60

2

46 days To 90 days

3.75

3

91 days To 180 days

5.50

4

181 days To 364 days

6.50

5

12 months to 23 months

7.00

6

24 months to 35 months

7.50

7

36 months

7.50

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