The 5 important personal loan myths busted.
Many people shy away from personal loans due to widespread misconceptions. Contrary to ...
Karunagappally Taluk Urban Cooperative Bank plays a pivotal role in the economic landscape of Karunagappally Taluk in Kollam, Kerala. Established with the primary objective of fostering financial inclusion and socio-economic development, this cooperative bank has been serving the community since its inception.
Bank is involved in financing rural sectors such as farming, poultry, live stock and so on. They also render their services to industries, small scale units, home finance, personal finance, etc. in rural as well as urban areas. By enco...
Financial transactions encompass a wide range of activities that individuals and businesses can perform to manage their finances.Our bank provides following transactions:
Intra-Bank Transfers: Moving funds between accounts within the same cooperative bank.
Inter-Bank Transfers: Transferring money to accounts held in other banks, often facilitated through services like NEFT, IMPS, or UPI.
Mutual Funds: Cooperative banks may offer mutual fund investment services, allowing customers to invest in a diversified portfolio.
Insurance Products: Customers can purchase insurance products, including life insurance, health insurance, and general insurance, through the cooperative bank.
Mobile banking facilities aim to provide customers with convenient access to a range of banking services through their mobile devices.
Mobile App : Cooperative banks typically offer a dedicated mobile banking application that customers can download from app stores.The mobile app serves as a user-friendly interface for accessing various banking services.
Balance Enquiry : Customers can check their account balances in real-time through the mobile app.
Transaction History : Access to a detailed record of transactions, including deposits, withdrawals, and transfers.
Alerts and Notifications : Receive real-time alerts and notifications for account activities, including transactions, account updates, and security-related information.
Bank offers locker facilities, customers can typically rent a locker of varying sizes based on their needs. These lockers are secured with advanced security systems, including biometric access and surveillance cameras, ensuring the safety of the stored items.
Access Hours: Customers can access their lockers during specific banking hours.
Nomination Facility: Locker holders are usually provided with the option to nominate a nominee who can access the locker in case of the account holder's demise.
Confidentiality: The contents of the locker are kept confidential, and banks have strict policies in place to protect the privacy of the locker holders.
ATM facilities offer customers convenient access to basic banking services outside of regular banking hours.
Cash Withdrawals: Customers can withdraw cash from their accounts using the cooperative bank's ATM.
Balance Enquiry: ATMs allow customers to check their account balances, providing real-time information about their financial status.
Funds Transfer: Depending on the capabilities of the cooperative bank's ATM network, customers may be able to transfer funds between their accounts linked to the bank.
Customer service is easily accessible to KTUC Bank customers and account holders through various channels, including phone calls, SMS, missed calls, and email.
Higher interest rates on savings and deposits can attract individuals looking for better returns on their investments, while lower interest rates on loans make borrowing more affordable.
Digital banking solutions represent a transformative shift in the financial industry, offering customers unprecedented convenience and accessibility to various financial services.
Dependency on internet connection and security concerns are the two main limitations of mobile banking. A fundamental requirement for mobile banking is reliable internet, which is not always available and despite advances in security, vulnerabilities remain a concern.
Yes, you can manage your KTUC Bank account online through our secure internet banking platform, which allows you to perform various transactions and monitor your account 24/7.
The daily withdrawal limits for ATMs are set at Rs. 25,000 for regular account holders. For premium account holders, the limit is Rs. 50,000.
To avoid overdraft fees, regularly monitor your account balance, set up low balance alerts, and consider linking your checking account to a savings account for automatic transfers to cover potential shortfalls.
You can check your credit score by visiting the website of credit reporting agency such as CIBIL and logging in with your credentials.
Many people shy away from personal loans due to widespread misconceptions. Contrary to ...
Choosing the right investment products depends on your unique financial goals and risk ...
Maintaining a good credit score is essential for financial health and can be achieved t...