.::Welcome to Krishna Grameena Bank.com::.

	Welcome to KRISHNA GRAMEENA BANK

PRODUCTS AND SERVICES:-

DEPOSIT PRODUCTS

"KRISHNA SUPER SAVER TERM DEPOSIT" has been introduced with effect from 01.06.2006. The salient features of the scheme are as under:

1	Name of the Deposit Scheme	KRISHNA SUPER SAVER TERM DEPOSIT
2	Scheme introduced with effect from	01-06-2006
3	Operation of the scheme up to	Till further instructions
4	Period of Deposit	Minimum six year to Maximum ten years.
5	Minimum Deposit Amount	Rs. 25,000/-
6	Type of Account	Term Deposit and Special Term Deposit
7	Rate of interest	7.50% p.a. at quarterly rest.
8	Senior citizen and women Depositors	0.50% above the rate applicable to other depositors
9	Penalty for premature closure	0.50% below the rate applicable for the period for which deposit has remained with the Bank.

Nomination

The facility of Nomination is available for all deposit accounts in favour of individuals. Unless otherwise specifically, given in writing by depositors, nomination in deposit accounts is compulsory
A depositor(s) however has / have the right to specify different nominations for different accounts by completing the appropriate forms.
Further, the applicant(s) is / are at liberty to change the nominee during the currency of the relationship accounts with the Bank through declaration to that effect in the appropriate form