Federal Bank - Zirakpur Mohali
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 : | Hitpriya Square, Patiala Road, Zirakpur Mohali, Punjab 140603, India |
| Phone : | 📞 +97887 |
| Postal code : | 140603 |
| Website : | https://www.federalbank.co.in/ |
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Sanket Virani on Google
★ ★ ★ ★ ★ Usually less crowd, so banking is easier and staff cooperate
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Romy Singh on Google
★ ★ ★ ★ ★ Staff is really good and supportive and and whole environment is really good in br
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dashrath shah on Google
★ ★ ★ ★ ★ We are operating current account in the branch and never face any issue
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Pawan Kumar on Google
★ ★ ★ ★ ★ Service is really fast and friendly behaviour in bank
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AMIT KUMAR on Google
★ ★ ★ ★ ★ We are having 2 or more saving account in the branch and never face any issue with account functional ity
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Ansh Pratap on Google
★ ★ ★ ★ ★ I m enjoying there services for more than 2 years and never face any issue
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Ramprasad Regmi on Google
★ ★ ★ ★ ★ You should have more staff like cashier he is really helpfull
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Youdhvir Singh on Google
★ ★ ★ ★ ★ very very very poor service. disappointed from the work of staff and manager. Just during time there, Staff of FEDRAL bank do very lazy work and don't not any kind of solution for any issue, poor service.
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