Internet Banking

At Srinidhi Bank, we are committed to helping you meet all your banking needs to the best of our ability. You can access internet banking portal of our website at any hour of the day. There are no fixed timings to use the facilities. Moreover, enjoy the luxury of getting all the work accomplished at the comfort of your home or office, at any hour that is preferable for you

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#113,Administrative Office, R.V.Road,V.V.Puram, Bangalore - 560 004,INDIA.

Call Toll Free

+91-080-2660 1152+91-080-2660 1153

sssbn@sreenidhibank.com

Weekdays 10 AM to 6 PM

Sunday : Closed

Sreenidhi silver jubilee certificate(callable)


Eligibility
  • Individual
  • Joint
  • Either or Survivor
  • A Guardian on behalf of a minor
  • HUF
  • Partnership
  • A Company
  • Association
  • Co –operative Institutions
  • Any other Institutions
Investment
  • Minimum - Rs.5,000
  • Maximum - No ceiling
Period of deposit
  • 555 Days
Interest rate

Depending upon the period of the deposit as prevailing from time to time.Visit our Deposits Interest rate Page Click here

Periodicity of interest payment
  • Quarterly Compounding
Special rate for senior citizen

0.50% Extra for SENIOR CITIZENS (60 Years & above) for the deposits of all periods.

Bulk deposits

0.50% Additional Rate of interest on Single rupee term deposits of Rs.1.00 Crore & above invested for a period of One year and above.

Tds on interest Applicable
Nomination facility Applicable as per income tax act.
15 G / H Available
Loan facility
Available

Margin to be maintained based on residuary period of deposit (available period from the date of loan to the date of maturity of deposit)

Residuary period of Deposit Margin Amount of Loan
Less than One year 10% 90% of the value of Deposit
One year to Less than Two years 15% 85% of the value of Deposit
Above Two years 25% 75% of the value of Deposit

The rate of interest chargeable on the Loans shall be 2% more than the rate of interest payable on the term deposits for General Public & 1% More in case of for Senior Citizen.Maximum period 1 year/ 12 months for Over Draft Facility against term deposits

Penalty for premature closure
  • In case of payment before maturity Interest up to 30 days will be Nil
  • Above 30 days, 1% less than applicable rate of Interest for the actual period for which deposit is kept with the Bank.
Auto renewal of deposit

Deposit shall be renewed automatically for a similar period on the date of maturity at the rate of interest applicable for the period as on the date of maturity, in the absence of any renewal instructions well in advance.

Overdue deposits

If a Term Deposit matures and proceeds are unpaid, the amount left unclaimed with the Bank shall attract rate of interest as applicable to saving account or the contracted rate of interest on the matured Term Deposit, whichever is lower or as per RBI guidlines charges from time to time.

Application & documents
  • Application in the Banks’ prescribed form.
  • Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card).
  • Recent 2 Photograph .
  • Proof of Identity and address as per KYC Norms.
  • Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF, Co –operative Institutions, etc..

Get In Touch

Our Expert will call you back on the number provided by you within 24-48 hours to assist you further. Thank you for your interest in Sreenidhi Souharda Sahakari Bank Niyamitha

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