Route Map From TBA TO CBS:

First computerization came into the effect from 1998 from VIRAMATI.

The Bank’s journey continues through constant upgradation  and in  2002 bank migrated to H. K. Industries.

In the 2014 we move from TBA to CBS as on date 01/04/2015. After that we move smoothly to CBS from FIS(FIDELITY NATIONAL INFORMATION SERVICES INC.) which  is an world’s largest international provider of financial services technology and outsourcing services. FIS is a Fortune 500 company and is a member of Standard & Poor's 500® Index. FIS empowers the financial world with software, services, consulting and outsourcing solutions focused on retail and institutional banking, payments, asset and wealth management, risk and compliance, trade enablement, transaction processing and record-keeping.

Interests:

Note:

1. Card rates up to 6 months are on simple interest basis. All rates above 6 months shall be quarterly compounded.
2. Tax at source is deducted as per Income Tax regulations prevalent from time to time.
3. Penalty on premature closure of deposit on less than and equal to 15 lakh 1% and nil for more than 15 lakh.
4. No interest will be paid on Term Deposit, which is run for less than 15 days.
5. Staff benefit shall also be passed on to ex. staff members (Minimum Service 5yr and above).
6. A person with age 60 yrs and above shall be given benefit of senior citizen 

(Subject to first name is Senior Citizen)

1. Minimum FDR amount is Rs.1000/-
2. O/D Facility shall be available only against FDR of Rs. 10000/- & above
3. R.D. Accounts with minimum instalment of Rs.200/- per month.
4. No interest will be payable if RD A/C runs less than 3 months.

Interest rate of Loan and Advances: