Federal Bank - Delhi
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 : | 46, North Ave, North Avenue, West Punjabi Bagh, Punjabi Bagh, Delhi, 110026, India |
Postal code : | 110026 |
Website : | https://www.federalbank.co.in/ |
Categories : |
Bank
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rahul kumar on Google
★ ★ ★ ★ ★ Great service by staff
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Vidhi Bairu on Google
★ ★ ★ ★ ★ Best service specially by staff
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Arjun V on Google
★ ★ ★ ★ ★ Well mannered staff n excellent service... Thumbs up..!!
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Abhishek Goyal on Google
★ ★ ★ ★ ★ Great Service. One of the best banks I am associated with!
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Atul kumar on Google
★ ★ ★ ★ ★ Great service by branch staff.
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Santosh Alumkal on Google
★ ★ ★ ★ ★ Good Banking Service and Online Facility
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kamrul islam on Google
★ ★ ★ ★ ★ Services is good. Special thanks to all having friendly staff ☺️
Abhishek garg
Vikram Bhati
Sumit Sharma
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Sushant Gulati on Google
★ ★ ★ ★ ★ Staff is okay.
Branch is not maintained.
Washroom was filthy.
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