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Sunday, 24-Jun-2018  12:22:33 PM
Education Loan
 Scheme for Education Loan for Vocational Courses
PURPOSE Vocational/skill development courses of duration from 6 months to 3 years leading to certificate/diploma offered by a recognized State/Central Govt. institution or Statutory/technical body or training department of Govt. etc. Typically, courses offered by Industrial Training Institutes etc. (I I Ts), Industrial Training Centres (ITCs) and Polytechnic Institutes will come under the eligibility criteria. Bank is free to add other skill development programmes, having regard to employability.

Expenses considered for Loan
  • Tuition /course fee fixed by Govt. /authorities appointed by Govt.
  • Examination/Library/Laboratory fee
  • Caution Deposit
  • Purchase of Books, equipments and instruments
  • Any other reasonable expenditure found necessary by the Bank for completion of the course.
  • In respect of course fee of private institute, the expenses to be limited upto 125% of the fees prescribed by the Govt. for similar courses, if they are not fixed by Govt./authorities appointed by Govt.
MAX. AMOUNT Need based finance to meet expenses as worked out will be considered subject to the following ceilings:

- For courses of duration upto 1 year – Rs. 50,000/-
- For courses of duration above 1 year – Rs. 1,50,000/-

Bank shall at its discretion, consider limits upto Rs. 75,000/- for courses with duration upto 1 year and limits upto Rs. 2.00 Lakh for courses with duration above one year for specific courses offered by reputed institutions having regard to the nature of such courses and employability considering the eligibility of the loan amount.
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


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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.
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List of Unclaimed Deposits & Inoperative Accounts for 10 years & more.
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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)