Federal Bank - Panchkula
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 : | SCO 41, Sector 11, Panchkula, Haryana 134112, India |
| Phone : | 📞 +978798 |
| Postal code : | 134112 |
| Website : | https://www.federalbank.co.in/ |
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Rishi Bailwal on Google
★ ★ ★ ★ ★ Nice bank neat and clean, good staff
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Shashank Trivedi on Google
★ ★ ★ ★ ★ Great Experience.
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Yedu Nair on Google
★ ★ ★ ★ ★ Anjana is a well support staff which helped me so kindly with my work .....
Thank you anjana .
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ayisha jalal97 on Google
★ ★ ★ ★ ★ Their services are highly appreciable.. Had a pleasant experience..
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Girilal Skexpress on Google
★ ★ ★ ★ ★ Excellent Service with well supported staff. They are really helpful.
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Manik Kumar on Google
★ ★ ★ ★ ★ Wonderful Service. Mr Nitin is very polite and provides wonderful advice also. Online banking products such as Fedbook, Fedmobile, Fedcorp are wonderful products.
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Saumya Jaiswal on Google
★ ★ ★ ★ ★ Service is very good. Supportive and polite staff. Highly Recommended bank. It's a 90 years old bank i got to know.
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Rahul Dhapola on Google
★ ★ ★ ★ ★ staff is arrogant and not helpful at all. they ignore u like u are invisible.
Do not open your bank account in this bank. I made a huge mistake.
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