At present we are offering the best interest rates on Savings Bank and Term Deposits. The highest interest rate on Savings Bank is 4.5 5.00% p.a. and interest calculation is done on daily product. Similarly on term deposits the highest interest rate is 8.50 9.00% for Senior Citizens. The interest rates on our Bank deposits are far competitive when compared to peer banks and other commercial banks.

Deposits are covered under DICGC with a maximum of Rs.5.00 lakhs per individual.

We have an attractive loan product called Kranthi Short Term Loans, and this loan portfolio is doing well., Under this product, we advance a maximum of Rs.2.00 lakh repayable in 90/120/150 days and recovery is done daily through our staff. We have introduced this product, to support the small borrowers, who are borrowing in call money market and paying usurious interest rates. We are receiving excellent response from our borrowers. We wanted this product to be marketed this year extensively in areas where the potentiality exists.

Gold Loans interest is very cheap @11.50% p.a – The scale of finance is Rs.3700/- per gram of pure gold of 24 ct.

The maximum loan is Rs.50.00 lakhs to an individual-

Project Finance also is available with us.

Now we have Government of India permission to sanction housing loans under the Pradhana manthri Awas Yojana, where the borrowers are eligible for subsidy from the Government.

To inculcate the habit of savings in small amounts, we have very recently launched Kranti Nitya Deposit scheme where a customer can deposit a minimum of Rs.20/- a day at their door step to our staff and machine generated receipt will be issued on the spot.

We have installed our onsite ATM cum cash deposit machine (Recycler) at Balanagar Branch and one more ATM at our Medchal Branch.(Features of ATM-ICD (Cash withdrawal, deposit with our bank or other Banks).

• IMPS- (Mobile Banking) & Branch IMPS
• E-Commerce, POS transaction services also available
• RTGS/NEFT- facility and online credits are happening.
• UPI Services are also available, such as Google pay, Phone pe & Paytm, QR Code
• BBPS,

We are also providing POS machines to Merchants for their business transactions

We have been permitted by Reserve Bank of India to launch business under Business Correspondent / Business Facilitator model and we are planning to open centers at various locations with the facility of Micro ATM’s shortly. We wanted to bring several initiatives for the benefit of our customers

We are now accepting clearing cheques for collection up to 4.30 pm and sending through scanner to the Chennai Grid, and realized proceeds will be credited next day after 5.30 pm