
Banking is a provision of thrift, credit and other financial services to the poor for enabling them to raise their income levels and thus improve living.
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FACILITIES PROVIDED BY OUR BANKS
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LOANS
SAVINGS
INSURANCE
PENSION
REMITTANCE
FINANCIAL COUNCELLING
ATM
E-BANKING
Loan facility is provided at a highly subsidised interest rate of-
2-5% by the Nationalised Bank
2-3% by the Cooperative bank
Mode of repayment is easy and optimal time is provided for the same.We provide normal Savings Scheme of moderate 6% annual interest rate. Life Insurance and Mediclaim Insurance is availabe at a rate of Rs 100 per 100000 per annum and Rs 50 per 100000 per annum respectively.
24/7 ATM facility is available to the citizens. Also, pensions are given by banks to the senior citizens, handicapped (more than 40%), widows and people without families.