Federal Bank - Panipat
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 : | Harpreet Plaza, Batak Chowk, Grand Trunk Rd, Panipat, Haryana 132103, India |
| Phone : | 📞 +988 |
| Postal code : | 132103 |
| Website : | https://www.federalbank.co.in/ |
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Deepak Joshi on Google
★ ★ ★ ★ ★ Service bst of fedral bank
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Nitin Khandelwal on Google
★ ★ ★ ★ ★ Best bank, excellent service
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Prakriti Dutta on Google
★ ★ ★ ★ ★ Good bank with courteous staff.
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Damanmalik Malik on Google
★ ★ ★ ★ ★ Richa mam is very polite and helpful
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Sheetal Luthra on Google
★ ★ ★ ★ ★ Good service but disappointed with closing time....after 3:30 no cash dealing. It must be till 5 pm.
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Mohan Das on Google
★ ★ ★ ★ ★ Very polite nature specialy madam with specs the cash officer
Thanku
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Mohit Chhabra on Google
★ ★ ★ ★ ★ Rakhi mam really helped a lot. It’s only because of her support that I decided to keep my account
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Chirag Bajaj on Google
★ ★ ★ ★ ★ Very nice and good services given by staff members, very polite and soft spoken
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