Deputy Commissioner Jammu, Rajeev Kumar Ranjan, today launched ‘CCBL Daily Deposit Saving Scheme’ at a function organised by The Citizen’s Cooperative Bank Limited.
Administrator of bank Management, Dr. Arun Kumar Manhas, Managing Director, Ashok Goswami, President, Rakesh Gupta, management and staff of the Bank and prominent citizens were present on the occasion.
The Scheme is primarily meant for businessmen/professionals, business establishments, shopping plazas etc who would like to save a part of their sale proceeds/expenditure on daily or weekly basis.
Speaking on the occasion, Dr. Manhas gave details about the scheme which includes daily deposit of Rs. 100 in saving bank account, collection of money at door step, no minimum balance required to maintain saving account, premature withdrawal facility and automatic transfer of Rs. 800 into recurring deposit up to 60 months
He also informed that easy availability of loan is available after three months of opening the account under this scheme for the customers, interest or loan installment shall be automatically transferred in loan account from daily deposit on monthly basis, easy loan facility with minimum formalities to members, no processing charges etc.