Kangra Co-operative Bank - Bhuntar - Ramshila Rd
AGBM and elections, audit etc are held on regular intervals. Bank is giving dividend to its Share-holders regularly and lastly declared @ 18% the highest declared/paid so far. Bank has also introduced three schemes of welfare nature for its shareholders . First one is If from the membership of the Bank existing as on 31.12.2013, any member dies, his nominee will be given a death grant of Rs. 25000/- from Member Welfare Scheme and if he has taken any loan, then loan amount up to Rs. 75000/- will be exempted from interest. Any member enrolled after 31.12.2013 if dies before attaining a membership of ten years, his nominee will be given a death grant of Rs. 15000/- from Member Welfare Scheme and loan up to Rs. 50,000/-, if taken, will be exempted from interest.Any member enrolled after 31.12.2013 if dies after completing membership of ten years, his nominee will be given a death grant of Rs. 25000/- from Member Welfare Scheme and loan up to Rs. 75000/-,if taken, will be exempted from interest, the second one is where scholarship @ Rs.150/- and Rs.200/- per month is given to the brilliant wards of the members and staff and the the third one is to give one time incentive to those wards of members / staff who get 90 % marks in Board examination. Amount of incentive is Rs.3100/- and Rs.5100/- for 10th and 12th class respectively.
Contact Kangra Co-operative Bank
Address : | Bhuntar - Ramshila Rd, Himachal Pradesh 175126, India |
Postal code : | 175126 |
Website : | http://www.kangrabank.com/ |
Categories : |
Bank
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