Business Banking
Deposit Schemes
Current Account
This facility is available to customers to deposit and withdraw money as per their convenience. The facility is extended with or without cheque book as per the needs of the customer. Prompt and courteous service awaits our customers at our Branches.
Fixed Deposit
The Bank offers attractive rates on Fixed Deposits for various maturity periods. Facility for drawing interest on a monthly or quarterly basis is provided. Fixed Intrest rates upto 8.75% on One year and above
Recuring Deposit
Under this scheme, the customer can save small amount in monthly instalments for a fixed term to get back a lumpsum. Interest is accumulated on the principal over the saving period at attractive rates of interest.
Loans
Business Loans
Business Loans on current accounts are provided to customers against the security of National Saving Certificates, Kisan Vikas Patras, as also against the security of urban immovable property.
Cash Credit/Overdraft
Overdrafts on Current Accounts are provided to the customers upto five times their net salary against a simple surety of employees/employers undertaking.
മുറ്റത്തെ മുല്ല
The exclusive loan provided for Kudumbasree Units for the improvisation of Women and their empowerment.