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Joint / Co-financing of SME's
 
 Joint/Co-financing to SME Sector Mou with Sidbi.

  • MOU was signed with Small Industries Development Bank of India (SIDBI) on 06.09.2005 for Joint/Co-financing of the units.
  • Joint financing/Co-financing shall be excluded to projects relating to SME sector, service sector and development of infrastructure.
  • Initially this arrangement is rolled out at important Small and Medium Industrial Centres at Hyderabad, Chittore, Vijayawada, Rayadurg and Kushaiguda.
  • The focus shall be to make available timely and adequate credit to tiny units & also explore possibilities of synergies in Micro credit operations and cluster Development and other development initiatives.
  • A common letter of sanction detailing the terms and conditions of sanction shall be issued to the borrower by the Bank.
  • Generally the Bank shall finance working capital facility to the borrower and the Term loan shall be financed by Bank and SIDBI in equal proportion or in such proportion or only by SIDBI as  may be mutually agreed to between the two parties.
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News & Events

Use your Visa Debit Card for shopping in POS/Online within 3 months of card issuance & get 5% Cash back. Offer applicable to cards issued after December 2013,T&C Apply

AS A PART OF RISK MITIGATION MEASURE, DEBIT CARDS ISSUED AFTER 30-11-2013 ARE ENABLED FOR DOMESTIC TXNS ONLY. FOR FURTHER DETAILS PLEASE CONTACT OUR BRANCH.

You can now donate to Shri Saibaba Sansthan Trust, Shirdi through IMPS-Mobile Banking.

Presentation to Analysts

Our Total Income during 12M of FY’12-13 increased to Rs. 13,957 Crore, recording a growth of 14.4%.

Form 15G/15H has to be submitted afresh at the beginning of each financial year to avail exemption/concession in TDS. Quoting of PAN is mandatory for availing such exemptions/concessions.

All our Banks’ cheques are “payable at par henceforth. We request all our customers to surrender their old cheque books at their account branch and obtain CTS 2010 Standard Cheque books immediately.

We request all our customers who have issued postdated cheques for repayment of loan installments for loans availed by them to replace the old PDCs with new CTS 2010 Standard cheques.

Online Grievance Redressal System with Tracking

Online Applications for MSME and Retail Loans

Online Donations to charitable institutions through net banking

Online resetting of Internet Banking Login Password

Interbank transfer of Funds through Mobile Banking using IFSC code

As per RBI mandate, cash retraction facility is discontinued from our ATMs. Do not forget to collect cash before leaving ATM room.

Any customer could walk in to deposit money in any branch of the bank if the account is in any other branch of the bank to which he wants to deposit the money and there will be no charges on this for any amount

Fictitious Offers of Cheap funds from abroad - Awareness Campaign - List of Nodal Agency (Cyber Crime Cell / Economic Offence Wing)

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

Do Not fall Prey to Fictitious Offers of Funds Transfer

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