Federal Bank - Barnala
About Federal Bank
Payment:
Payment for the Bonds will be through electronic funds transfer / cheque / demand draft
Redemption:
The redemption price will be in Indian Rupees based on previous week's (Monday-Friday) simple average of closing price of gold of 999 purity published by the Indian Bullion and Jewellers Association Ltd (IBJA).
Though the tenor of the bond is 8 years, early encashment/redemption of the bond is allowed after fifth year from the date of issue on coupon payment dates. The bond will be tradable on Exchanges, if held in demat form. It can also be transferred to any other eligible investor. In case of premature redemption, investors can approach the concerned bank/Post Office/agent thirty days before the coupon payment date. Request for premature redemption can only be entertained if the investor approaches the concerned bank at least one day before the coupon payment date. The proceeds will be credited to the customer's bank account provided at the time of applying for the bond.
Contact Federal Bank
| Address : | Opposite Ram Bagh, Number 2, Grain Market Road, Barnala, Punjab 148101, India |
| Phone : | 📞 +979 |
| Postal code : | 148101 |
| Website : | https://www.federalbank.co.in/ |
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Anjali Gupta on Google
★ ★ ★ ★ ★ Very trusted and known bank ... Staff is well mannered and very cooperative...capable of solving your any kind of issues in every possible
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manik garg on Google
★ ★ ★ ★ ★ The manager Mr. Ankit Arora is the most diligent, hard working guy I have ever seen providing unparalleled services to his customers.
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kabir sharma on Google
★ ★ ★ ★ ★ Would highly recommend this Bank, they are very helpful nice people, if you are looking for a bank that treat you right, then this is your bank! Excellent customer service!!
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Deepankan Srivastava on Google
★ ★ ★ ★ ★ Had a bad image of getting things done in a bank. But I would say that this is different. The staff here is very helpful. Truly commendable.
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Vanya Singh on Google
★ ★ ★ ★ ★ Awesome services. Helpful employees. Customer friendly bank. Great experience so far!
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Vipan Kumar on Google
★ ★ ★ ★ ★ The BEST Banking system ... I had ever experienced in Barnala branch of federal bank ... The staff is too co-operative n honest even to the peons .. The team work is really good for the all type of customers specially Mr.Ankit Arora The Manager of Branch .. Personally n professionally both way they are connected to their customers .. I wish they will become best bank of our region .... ???@federal bank Barnala
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Anshika Chandra on Google
★ ★ ★ ★ ★ never seen a bank with such helpful staff. they will give there best to get your work done on time. keep up the good work . ?
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Achal Chaudhary on Google
★ ★ ★ ★ ★ Nice service. Staff is very cooperative and helpful.
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