Nainital Bank Nainital Bank - Home Page
  • MOU signed between The Nainital Bank Limited and Future Generali India Insurance Company Limited on 05/06/2017new

  • 95th Annual General Meeting will be held on 29 July 2017 at Nainital Click here for more detail

  • Exercise for recruitment of Clerks.new

  • Bank has opened its 135th Branch at Vikrampur- Bazpur. new

  • Waiver of Processing, Documentation & Other charges applicable on Housing Loan "Apna Ashiana" and Vehicle Loan "Suhana Safar" upto 30.09.2017.new

  • MOU signed between Nainital Bank & India First Life Insurancenew

  • Bank has opened its specialized Loan Processing Centre "Naini Loan Point" at Lucknow, New Delhi, Dehradun, Haldwani and Rudrapur.new

  • Application for converting existing saving account to PMJDY( Basic Saving Bank Deposit ) Account. – Click here for download

  • Bank conferred with Excellence Award for excellent performance under Pradhan Mantri Jan Dhan Yojna(PMJDY).

  • Notice for the customers regarding CTS-2010 Standard Cheque Forms. Click here…

135 Branches - 100% CBS/RTGS/NEFT Enable
Recurring Deposit Account

An ideal scheme of monthly savings for salaried people, businessmen, professionals, housewives etc. It mainly encourages small investors to save in easy monthly installments over a fixed period of time.

Eligibility:

Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, visually impaired persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc. Trusts, Institutions/Agencies specifically permitted by the RBI eligible to open a "Recurring Deposit Account" in single/joint name/s

Features:
  • Minimum deposit is Rs.100/-per month

  • Minimum Period of deposit is 12 months.

  • Delayed payment of installments are accepted with nominal penalty.

  • Monthly minimum balance in the account earns compound interest every quarter.

  • Recurring Deposit accounts are exempted from TDS

  • Loan on deposit amount available depending on the length of the unexpired period of the deposit.

  • Nomination facility available.

  • The rates of interest are as fixed by the Bank from time to time.