FAQs

1   Who is eligible to open the bank account ?

Any individual can open an account jointly or severely i.e. with son, daughter, wife or any other relative or person.

2   What is the minimum deposit for opening the saving/current account?

Saving Bank Account can be opened with Rs. 1000/- with cheque book facility. Current A/c can be opened with Rs.2000/-.

3   What are the documents required for opening of account?

Saving Account :

I.D. Card issued by the government , Aadhar card, Copy of Passport, PAN card.

Current Account :

I.D. Card issued by the government , Aadhar card, Copy of Passport, PAN card, shop licence.

4   Whether nomination facility is available or not for the account opening account ?

Nomination Facility is available for the benefit of the customers.

5   Whether nomination facility available for locker hirer ?

Nomination facility also available for locker hire.

6   Con illiterate person open bank account ?

Illiterate person can open bank account.

7   What are the documents required for the opening of current account of partnership ?

Following are the documents required for the opening of current account of partnership:

1. Photo of all the partners.
2. Identity proof of all the partners
3. Copy of partnership deal.
4. Authorization letter from all the partners to operate the account on the behalf of partnership account.
5. Address proof or the rent deed of him.

8   What type of loans are given by the The Nandura Urban co-op Bank ?

The Nandura Urban co-op Bank has been providing the loan for consumer durables, for the purchase of house hold goods, vehicles loan for the purchase of Car/Jeep etc., personal loan for socio-economic need, house loan for the construction of house and repair/renovation/alternation of existing house and Education loan for the higher study of child, Machinery for textile business.