Tuesday, August 4, 2009

BANK RULES


The bank will register stop payment instructions from the Account holders in respect of cheques lost or stolen etc.. but cannot guarentee them againstloss in the event of cheques beeing paid in adventerlly(ruleno: 32).The maximum numbers of debit entries (by withdrawls or cheques or letters)permitted in accounts in fifty perhalfThe service charge per extra entry for celling will be debitted tothe account at the time of yearly application of interest.Intrest will be caluculated for each calender month on the lowest balance between the close of the tenth and last day of the month.it will be computerized half-yearlyand cerficated to the accounts yearly on or before the month of january.The current rate of interest can be ascertained at the bank.Any chanrge in the rate,which is governerd by world bank directives,is notified through advertisment in the news paper.(Rule No:41)

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