SINDHUDURG BANK HAS AWARDED WITH PRESTIGIOUS "SAHAKAR NISHTHA" AWARD FOR YEAR 2014 Pradhan Mantri Jeevan Jyoti Bima Yojana - Life Insurance cover worth ₹ 2 lacs at just ₹ 330 per annum(+ S.T. applicable). for more details contact our nearest SINDHUDURG DCC Branch. Pradhan Mantri Suraksha Bima Yojana - Accident Insurance cover worth ₹ 2 lacs at just ₹ 12 per annum.for more details contact our nearest SINDHUDURG DCC Branch. All RuPay card holders will be eligible for the benefit under the Insurance. SINDHUDURG BANK is now link with Ministry of Petroleum & Natural Gas Government of India for Direct Benefit Transfer of LPG(DBTL) Scheme We request you to link your Aadhaar / UID number to your SDCC Bank Account to avail Government subsidies / payments directly to your bank account. As per Government New Policy Bank Account is mandatory, for more information Contact to our nearest Branch. Now Sindhudurg Bank providing ECS(Electronic Clearing System) facility. Bank Achieved Deposit of 1100 Crore. WELCOME TO SINDHUDURG DISTRICT CENTRAL CO.OP.BANK LTD.,SINDHUDURG Sindhudurg DCC, a Techno-savvy Bank is implementing successfully the Core Banking Solution (CBS). आपली माणसं आपली बँक !!

FAQ


Q. 1) What is EMI
=>     You repay the loan in Equated Monthly Installments (EMIs) comprising both principal and interest. Use our EMI calculator to find out your monthly payments based on the loan amount, the rate of interest and the repayment period. Choose the combination that best meets your financial resources and requirements.


Q. 2) What is KYC
=>     KYC is an acronym for “Know your Customer”, a term used for customer identification process. It involves making reasonable efforts to determine true identity and beneficial ownership of accounts, source of funds, the nature of customer’s business, reasonableness of operations in the account in relation to the customer’s business, etc which in turn helps the banks to manage their risks prudently. The objective of the KYC guidelines is to prevent banks being used, intentionally or unintentionally by criminal elements for money laundering.
KYC has two components - Identity and Address. While identity remains the same, the address may change and hence the banks are required to periodically update their records.