DIVIDEND DECLARED
The annual general body meeting of the bank was held at the Municipal town hall on 22/09/2019. The proposal for distribution of profit was also passed unanimously by the meeting. DIVIDEND @ 11% for the year 2018-19 was passed by the General Body Meeting.
Interest rebate @ 5% of calculated interest amount will be allowed if the loan is repaid promptly. This is not applicable to FDL, Gold loans, ASL etc.