(+91) 040-24757022, 24756316    |    info@abecoopbank.com

 

Dividend declared for 2018-2019 financial year @ 9.50% on Members Share Capital   ;    "Interest rate on contingent Loan is revised from 11.00% p.a. to 10.50% p.a. w.e.f. 01-10-2019"

Dhanakranthi Schemes

Our Bank offer new Deposit Scheme "DHANAKRANTHI" for a tenure of 400 days to our Customers for better investments and returns with higher rate of interest compared to other Banks.

 

Salient Feature of Dhanakranthi Deposit Scheme:

 

v  TYPE OF DEPOSIT - REINVESTMENT DEPOSIT

v  PERIOD OF DEPOSIT - 400 DAYS

v  RATE OF INTEREST - 8% P.A. (QUARTERLY COMPOUNDING)

v  SENIOR CITIZENS ARE ELIGIBLE FOR 0.50% ADDITIONAL RATE OF INTEREST (TOTAL 8.50%).

v  PERIOD OF OPERATION - THE SCHEME EXTENDED UPTO 30.04.2019

v  LOAN FACILITY AVAILABLE

v  NOMINATION FACILITY AVAILABLE

v  ALL OTHER GUIDELINES APPLICABLE WITH REGARD TO ACCEPTANCE, PAYMENT AND TRANSFER OF TERM DEPOSITS APPLY TO THE DEPOSITS ACCEPTED UNDER THIS SCHEME.