Federal Bank - Faridabad
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-4, HUDA Staff Colony, Sector 16, Faridabad, Haryana 121002, India |
| Postal code : | 121002 |
| Website : | https://www.federalbank.co.in/ |
| Categories : |
Bank
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Jaspreet Kaur on Google
★ ★ ★ ★ ★ Cordial and very helpful staff. Highly recommend this bank.
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Kummar Abhisshek on Google
★ ★ ★ ★ ★ Car loan processing was so smooth and fast with all processes explained in a jiffy.. keep it up Ahmad!
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madhuri on Google
★ ★ ★ ★ ★ Federal bank has great products.. the branch staff is efficient and helpful. Nice experience
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Naresh Sethi on Google
★ ★ ★ ★ ★ Polite friendly helpful staff,feel comfortable visiting to branch.recomended to many others
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Manbir Kaur on Google
★ ★ ★ ★ ★ Very efficient staff with patience. Don't have to wait too much for our work to be done.....
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Kanika Malik on Google
★ ★ ★ ★ ★ The manager Mr. Ahamed Shahab was helpful, kind and prompt in helping me reactivate my NRO account. They have a customer for life just because of exception service provided by the branch.
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Aman Pabla on Google
★ ★ ★ ★ ★ Good professional staff. Never had any issues, was attended in a timely manner and always answered all my queries and help me through my work. Highly recommend it.
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Sanjay Kalra on Google
★ ★ ★ ★ ★ Excellent customer service. Cheapest Gold loan interest rates. Got gold loan @9.95% with no hidden charges. Loan amount was credited within 15 min. Staffs were very supportive.Felt like they are treating is like their family..
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