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Sunday, 24-Jun-2018  12:13:44 PM
Non-Fund based facilities
Bank Guarantee

We provide Bank guarantee (BG) to strengthen and/or secure an obligation under a commercial contract.

Bank Guarantee is a commitment of the Bank in writing to the beneficiary to make payment of the amount specified in the BG documents on or before the due date.

Types of Bank Guarantees offered depending upon the purpose, securities and commitments.

(a). Financial Guarantee:- Financial Guarantee is a guarantee which is to fulfill the financial commitments made by the client within a stipulated period.

(b). Performance Guarantee:- Performance Guarantee is a guarantee to perform the specific act such as execution of work, supply of machinery etc. within the prescribed date or as per the specifications etc.

(c). Secured Guarantee:- Secured Guarantee is a guarantee issued by the Bank against the security of assets including cash margin, the market value of which will not at any time be less than the amount of contingent liability on the guarantee.

(d). Unsecured Guarantee:- Guarantees issued by the us which are not fully secured equivalent to Market Value of the contingent liability. If the guarantee is partly secured, the Bank will fix suitable proportion of securities to be obtained specifying the cash margin and other collateral securities for different types of customers taking into account RBI guidelines in force.

(e). Deferred Payment Guarantee:- Deferred Payment Guarantee is a guarantee in respect of borrowers for acquisition of capital asset. In case of deferred payment guarantee, the proposal will be examined similar to appraising of Term Loan proposals for acquisition of capital assets.

What's Latest
arrow Per day limit of MOBILE BANKING is Rs.1,50,000/- i.e. Rs.1,00,000/- through IMPS and Rs.50,000/- through NEFT.
All the Customers may please note that minimum average balance in Savings Account with effect from 01.04.2018 shall be Rs. 500/-. Lower average balance will attract charges applicable as per rules.

arrow Customers who want to avail input credit as per GST Act Click here...

arrowMaximum cash withdrawl permissable at Host branch with cheque book only in Any Branch Banking is Rs.50000/- for self & Rs.25,000/- for third party in SB Account and Rs.100000/- for self & Rs. 50,000/- for third party in Current, FLXLN, SOD, SODGLD and SODIMP accounts .

arrow Bank has introduced yearly service charges on PLATINUM Debit Card at Rs.150/- Plus Taxes..Click Here


arrow Click HERE

arrow A SB/CD a/c is treated as DORMANT, if there are no transactions in the account for over a period of 2 years(i.e.no credit or debit induced by customer as well as 3rd party other than crediting of periodic interest or debiting of service charges.

arrow List of Unoperative SB Accounts with Zero balances,Un-operative for more than 10 years...Click HERE


arrow Just give missed call to Toll free number 18004195511 from your registered Mobile number for Balance Enquiry. To HOTLIST the ATM / RUPAY DEBIT card :- DIAL 9223110011 from your registered MOBILE NUMBER, after 2-3 rings call will be disconnected & system will HOTLIST your card with SMS confirmation.


arrow Intimation to Account holders having "0" Balance for 6 months : -Click here


arrow LIST of SB/CD accounts having "0" Balance for 6 month : -Click here

Guidelines for claim of Unclaimed Deposit & to activate Inoperative Accounts for 10 years & more.
arrow Click here
List of Unclaimed Deposits & Inoperative Accounts for 10 years & more.
Click here

arrow While booking online Tickets through IRCTC website with the help of RuPay Debit Card, Use RuPay card (Powered by Kotak Bank) under option payment gateway / credit card .

arrow Charges for Transactions inclusive of Financial & Non Financials on other Banks ATM in a calendar month Rs.20 per transaction plus GST.For Savings Bank account holders Five such transactions are free in a calendar month.
arrow    BANK's POLICY (click Here)