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  • 50 Years of Excellence

Andaman & Nicobar State Cooperative Bank

  • Call Us
    1800-345-3196
  • Banking Hours
    Mon - Sat: 9:00 AM - 5:00PM
  • Transaction Hours
    Mon - Sat: 9:00 AM - 3:30 PM

Andaman & Nicobar State Cooperative Bank

  • HOME
  • ABOUT BANK
    • Overview
    • Heritage
    • Mission/Vision
    • Managing Director’s Statement
    • Board of Directors
    • Senior Executives
    • Annual Reports
    • Calender
  • PRODUCTS
    • CASA
      • Saving Deposit
      • Current Deposit
      • Privilege Banking
      • Minor Account
      • Small Account
    • TERM DEPOSIT
      • Fixed Deposit (FD)
      • Recurring Deposit
      • Family Benefit Scheme (FBS)
      • Freedom Deposit
      • Reinvestment Scheme (RIS)
    • LOAN
      • Farm Sector
      • Non Farm Sector
  • SERVICES
    • SCHOOL FEE
      • St. Mary School
    • ATM Service
    • Micro ATM
    • RTGS/NEFT facility
    • OTHER SERVICES
    • Digital Banking and Card Block
    • Bank IT Initiative
    • Others
  • NETWORK
    • ATM Network
    • Branches
    • PACS
    • Gallery
  • BANK’S BEST PRACTICES CODE
    • Fair Lending Practices
    • Know Your Customer (KYC) Norms
    • Nomination Rules
    • Payment of Interest on the deposit accounts of deceased depositors
    • Safe Deposit Locker Facility
    • Salient features of genuine Currency Notes
    • Systems & Procedures
    • Renewal of Accounts
    • Banking & funds Reports
    • Privacy Policy
    • New openings
    • Results
  • CONTACT US
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Recurring Deposit

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  • Recurring Deposit
  • Unclaimed Deposit
  • Service Charges
  • IFSC/MICR Codes
  • KYC
  • ATM Network
  • Download Application forms

1. Individuals

2. Institutions

3. Societies

The advantage in opening a Recurring Deposit Account that the depositor would be able to save certain sums in fixed monthly instalments so that he/she would be able to meet an anticipated liability/obligation after the end of a specified period

A recurring deposit account enables an individual to deposit fixed amount every month for a pre-defined period which earns interest similar to Fixed Deposits (FD). RDs can be availed by senior citizens as well. The interest rates for senior citizens deposits are higher than the regular account.

ELIGIBILITY:

  1. Any person or persons approved by the Bank.
  2. Co-operative Societies, Registered Trust, Institutions and Associations.
  3. By two or more persons in their joint names.
  4. By a natural guardian i.e., father or mother approved by the bank on behalf of a minor.

MINIMUM DEPOSIT:
Rs.100/-

INTEREST:

  1. Interest will be paid on the deposits at the rates in force as per the Reserve Bank’s directive from time to time.
  2. Interest amount will be paid at the time of maturity.

PASS BOOK:
The Bank will issue a Pass Book showing the name, address, installment amount, the period for which the deposit is accepted, maturity date and maturity amount.

  • Unclaimed Deposit
  • Service Charges
  • IFSC/MICR Codes
  • KYC
  • ATM Network
  • Download Application forms

About Us

It is a matter of satisfaction for the Cooperative sector that the Andaman & Nicobar State Cooperative Bank Ltd. has positioned itself at second after SBI in respect of deposits and first in advances. it has been pioneer in extending many facilities to its customers and has computerized its counter services in 1992.

Quick Links

  • Unclaimed Deposit
  • Service Charges
  • IFSC/MICR Codes
  • KYC
  • ATM Network
  • Download Application forms

Contact Us

  • Maulana Azad Road, P.B No. 289, Port Blair – 744101.
  •        Andaman & Nicobar Islands (INDIA)
  • 03192-233395
  • [email protected]
  • www.anscbank.in

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