Site Purchase Loan Purpose: Purchase of sites at Bangalore.

Eligibility: Rate of Interest: 13.50% per annum.

Repayment: Repayable in 84 months.

Cash Credit Facility This loan is for helping traders to carry on business by availing working capital facility from the Bank. Maturity Facility: Overdraft/Stock in trade loan. Limit: Maximum of Rs. 100.00 Lakhs Rate of Interest: 14.50% per annum. Penal Interest: 2.00% will be charged on overdue amount. Processing Charges: 1.00% of the limit sanctioned. Pre-Closure Charges: 1.00% on outstanding balance. Security: Stock in trade. Collateral security of urban immovable property mortgaged to the Bank with 200% value of the limit sanctioned based on guidance valuation.

Eligible loan amount outstanding should not exceed 60% of the stock intrade or 50% of the guidance value of the propoerty mortgaged, whichever is lower.

Commercial Vehicle The Bank provides loans to purchase vehicle for commercial use only. Eligibility: Preferred to have borrower with experience. Permit to run commercial vehicle should be in the name of borrower. Limit: Maximum - Rs. 100 Lakhs. Margin Money - 25% margin to be brought by borrower. Repayment Period: Maximum 60 months for term Loan. Rate of Interest: 14.00% per annum. Penal Interest: 2.00% will be charged on overdue amount. Pre-Closer Charges: 1.00% on outstanding balance. Security: Hypothecation of vehicle in favour of the Bank duly noted in RC Book by RTO. Suitable thirdy party guarantee. If the loan amount exceeds Rs. 5.00 Lakhs collecteral security of immovable property to the extend of 100% of loan amount based on guidance valuation. Processing Fee: Not exceeding 1% of the limit sanctioned.

Professional Loan A loan product specially designed to offer security based and hassie free financial assistance to professionals and self-employeed persons. Purpose : For improvemen/expansion of existing business. Bank guarantee for any need related to the profession. Eligibility: Individuals, proprietorship, partnership concerns, firms & private Ltd., Cos., engaged in any profession, self employment, service sector (Other than trading, processing and manufacturing units & transport operators). e.g. Charged Accountants, Doctors, Practising company Secretaries, Architects, Consultants, Institutions providing eduction/training, coaching classes, interior decorators, which are required by community and not prohibited by law or opposed to public interest. Eligible loan amount of margin money: 15% of the project cost should be brought in by the applicant. The total exposure i.e. both fund and non fund based should no exceed the limit sanctioned. Period of Loan & Repayment: Overdraft: 12 Months subject to annual review. Term Loan: Maximum 60 EMI (depending on the repayment capacity) Security: Collateral Security of urban immovable property mortgaged to the Bank with 200% value of the limit sanctioned based on guidance valuation. Hypothecation of assets acquired out of loan amount. Limit: Maximum : Rs. 100.00 Lakhs Rate of Interst: 14.00% per annum. Penal interest:

2% will be charged on overdue amount. Processing Charges: 1% of limit sanctioned. Pre-Closer Charges: 1.00% on outstanding balance.

Apex Professional Personal loans to Doctors, Engineers, Architects and also to prompt Income Tax payees. Limit: Rs. 5.00 lakhs Repayment Period: 36 Months Eligibility: 80 % of annual income as assesed in IT returns or Rs.5.00 lakhs whichever is less. Rate of Interest: 14.00% per annum Pre-Closer Charges: 1.00% on outstanding balance. Rules of the scheme: The applicant must be registered/reputed professionals. The applicants must have own office. They must produce three years Statement of Account certified Chartered Accountant along with three year IT returns. Documentation Application Pronote/Pronote covering letter Irrevocable mandate

Proof of residential address, proof of income by salary certificate/ITAO of both borrower and Coobligant. Apex Pension Loan for pensioners to meet Medical expenses, other genuine needs and emergent personal expenses. Purpose: Cost of Medical expenses and other genuine needs & emergent personal expens es. Margin: NIL Eligibility: Pensioners drawing pension through our Branch Pensioners of all Central/State Govt./Govt, Depts undertakings/PSUs/Corporates, family pensioners of above categories, ex-employees of the Banks. Quantum: 10 times monthly pension OR Maxi.Rs.50,000/- which ever is higher. Security: Co-obligation of wife, son, daughter (wherever family pension permitted). Repayment: 36 months Rate of Interest: 12.00% per annum Pre-Closer Charges: 1.00% on outstanding balance. Documentation: Application Pronote/Pronote covering letter Photograph of the borrower/co obligant. Declaration for end use of loan.

Apex Gold Loans to individuals for purchase of Gold jewellery.

Purpose: Loans to individuals for meeting the expenses of marriage of self/relative and/or for purchase of gold jewellary/articles. Nature of loan: Non-priority clean. Eligibility: The prospective borrower should be an Savings Bank account holder with satisfactory dealings. May be waived in respect of those who are well introduced to the Bank. The annual gross salary/gross income of the applicant should not be less than Rs.1.00 lakhs. Net Home Take Salary after taking into account the proposed EMI towards loan should not be less than 40% of the gross salary. May be relaxed up to 25% by the next higher authority. Salary should be credited to the borrowers account with the branch or mandate to be registered with the employer. In case of non salaried individuals like business-men, professional, etc., branches should ensure that the applicant has adequate repaying capacity. The post dated cheques shall be deposited by the borrower. Quantum: 6 months gross salary/gross annual income OR Rs.1.00 lakh, whichever is less. 10 months gross salary/gross annual income OR Maximum of Rs.2.00 lakhs. 20 months gross salary/gross annual income OR Maximum of Rs.3.00 lakhs. 20 months gross salary/gross annual income OR Maximum of Rs.5.00 lakhs. Security: Suitable Co-obligation should be maintained. Repayment: 48 months. Rate of Interest

13.50% per annum. Pre-Closer Charges: 1.00% on outstanding balance. Documentation Application Pronote/Pronote covering letter. Photograph of the borrower/co obligant. Proof of residential address, proof of income by salary certificate/ITAO. Processing Charges 1.00 % of loan amount. Loans to individuals for meeting the expenses of marriage of self/relative and/or for purchase of gold jewellary/articles. Apex Women Laon sanctioned to women to meet their genuine personal needs like buying household articles, gifts and jewellery. Purpose: To meet genuine personal needs like buying household articles, gifts, jewellery other than speculative purposes. Eligibility: Women between 18 and 55 years both existing & new customers. Married or single. Working or non working women. Defaulters under any scheme are not eligible. Quantum: For Working women 10 months Gross (OR) Rs.1,00,000/-, whichever is less. Minimum take home salary to be 40% of gross salary. If an business, gross annual income not less than Rs.1.50 lakhs. Non working women Max. Rs.50,000/- IT Payee.

Gross income of family not less than Rs.1.00 lakhs. Higher amount can be considered with co-obligation of husband/parent. She can be entrepreneur, running beauty parlor, Nursery women, bonsai, boutique. In case the income from rent, in such cases the property must be in the name of borrower. Security: No collateral to be insisted. In case of non working women if loan amount is above Rs.25,000/- up to Rs.50,000/-, co-obligation of husband/parent to be obtained. Repayment: 24 to 36 months EMI. Rate of Interest: 13.50 % per annum. Processing Charges: 0.50 % of loan amount. Pre-Closer Charges: 1.00% on outstanding balance. Documentation: Application Pronote/Pronote covering letter. Photograph of the borrower/co-obligant. Salary certificate/ITAO. Proof of address, proof of income. Apex Retail The loan for petty traders. Limit of Loan: Maximum up to Rs.50,000. Rate of Interst: 14.50 % per annum Pre-Closer Charges:

1.00% on outstanding balance. Eligibility: Enterprises established mjainly for providing services for selling of goods on commission basis, booking, clearing and forwarding agents, petty traders like Grossery, Cloth, Xerox. Operation of business for atleast 1 year. Filling of Income Tax Returns. All the transanction must be rooted through C/A maintained with our Bank only. 0.50 % of loan amount should be collected towards processing fees. Security: Hyptothecation of Stock and one co-obligant. Documents Required: 1. Photograph and Residence Proof of the Borrower and guarantor. 2. If you are a salaried person latest salary slip for 3 months. 3. If you are a businessment/Professional/Self Employed last two years. 4. Profit & Loss account and balance sheet. 5. Guarantors latest salary slip/latest I.T.returns. Apex Overdraft Loans to individuals pursuing such activities like Retail trade, Small Business and professionals. Loan against the security of National Saving Certificate/Life Insurance Corporation policy/Gold Ornaments, etc.

Purpose: Individuals pursuing such activities like Retail trade, Small business, Professionals, Agriculturists and having any other source of income who are properly introduced to the Bank. Maximum Limit: Rs.20,00,000. Rate of Interest: 14.50% for rest for the overdraft against FD the interest rate is 2% over and above normal rate paid on Fixed Deposit.

Pre-Closer Charges: 1.00% on outstanding balance. Eligibility Criteria: 60 % of the face value of National Savings Certificate. 75 % of the surrender value of the Life Insurance policy. 65 % value of Gold OR Rs.7500/-per 10 grams of Gold. (as to be notified as and when changes are effected in general Jewel loan rules) Repayment: 2 years in respect of Overdraft against Gold. In respect of Overdraft against LIC Policy and National Savings Certificates is on maturity date. The interest must be payable on monthly rests, subject to renewal of Overdraft every year. Documentation: Application. Pronote/Pronote covering letter. Photograph of the borrower/co-obligant. Salary certificate/IT returns. Hypothecation of Pledge of securities which are pledge for availing the same. Apex Rent Loan based on the rental income of the property Rented/leased out to Central/State/Semi Government/Banks/Financial Institutions and Multinational Companies. Purpose: To provide loan to owners of the property. Property to be leased/rented out to PSU/Central/State/Semi-Government reputed corporates, Banks, Financial Institutions, MNCs. Granted for meeting business needs or any other genuine personal needs. Eligibility: Customers with satisfactory dealings with us. If non customer, to be well introduced. Quantum:

Maximum 75% of Gross Monthly rent receivables for unexpired period of lease less TDS and Advance rent taken. Security: Equitable Mortgage of lease property, with value at least 100% of loan amount, if EMT of property against rentals of which loan is proposed is not possible, value of alternative property to be 150% of loan amount. Assignment of lease rental in favour of Bank. Repayment: 36 Months. Rate of Interest: 14.00% per annum Processing Charges: 1.00 % of the loan amount. Documentation: Application. Pronote/Pronote covering letter. Photograph of the borrower/co-obligant. Tripartite Agreement (to be stamped as Agreement cum Power of Attorney) to be executed by the lessor, lessee and financing Bank. Authorisation agreement executed by lessor on stamp paper to receive the rent from lessee. Term loan agreement duly stamped as agreement. All existing document for creation of EMT to be obtained. Others: Physical inspection of property to be done. Clear title of the property to be established. LSR and valuation from qualified Chartered Accountant.

Apex Education Educational loan to deserving/meritorious students for pursuing higher education and professional courses in india and abroad in reputed Universities/Institutions. Objective: Financial support to deserving/meritorious students for pursuing education courses in India & abroad, so that No deserving students to denied an opportunity to pursue higher education for want of financial support. Purpose: For studies in College and other educational instiution. For fees, Hostel Fees, Books, Equipment, Study tour, exam fees, air ticket. Eligible Persons: Loans can be granted only to Indian Nationals with 60% in the qualifying examination. Who have secured admission to the eligible course in reputed institutes of Nation/State level through entrance test/selection process. Secured admission to foreign university/institution. Eligible Studies In India: Professional courses like Engineering, Medical, Dental, Management etc. Course conducted by IIM,IIT, IISc, NIFT, National law school OR Equivalent institutions/universities, Indian Business School, Hyderabad and other reputed National Institutes, etc. Course like ICWA, CA, CFA etc. At Aboroad: Only job oriented Professional/Technical courses offered by reputed Universities/institutes. Quantum: For studies in India Maximum Rs. 7.50 lakhs. For studies abroad Rs. 20.00 lakhs maximum. Margin: Up to Rs.4.00 lakhs - NIL. Above Rs.4.00 lakhs - Studies in India 5%, Studies in abroad 15%. Security:

Up to Rs.4.00 lakhs - No security for loans, to be given jointly with parent/guardian. For above Rs.4.00 lakhs loans. 1. Loans should be jointly with parent/guardian. 2. Satisfactory Guarantee. 3. Assignment of future income of the student. 4. Loans to be jointly with parent/Guaradian and collateral security equal to 100% of loan amount or Coobligantion of III party having required Net worth not less than loan amount. 5. Collateral security in form of Land/Building/Govt. Securities/Gold/Deposits/salary certificate/Post dated cheques. 6. For Medical Courses-security of immovable property value equal to 150% of loan amount. Interest: Up to Rs. 4.00 lakhs 12.00% p.a. or As per the rates prescribed/notified by the Bank from time to time. Above Rs. 4.00 lakhs 13.00% p.a. or As per the rates prescribed/notified by the Bank from time to time. Processing Charges: 1.00 % of the loan amount. Repayment: Repayment period is 60 months from commencement of the repayment. Repayment to begin after 1 year of completion of course OR 6 months of getting employment whichever is earlier. EMI to be arrived at the outstanding amount when the repayment starts (Principal + Applicable Int rate at that time). Disbursement: As far as possible directly to institution by way of Demand Draft for Fees/Hostel Fees etc. Documentation: Application, Income Proof for repyament. Pronote/Pronote covering letter. Stamped Agreement. Guarantors/Co-Obligant Income Proof.

Deed of Agreement cum Hypothecation/Mortgage of property as the case may be. Loans to employed persons: NOC from employer to be insisted. Repayment based on the Income. For loan upto Rs.25,000/- co obligation of third party. For loan above Rs.25,000/- approved securities. Suitable repayment schedule to be fixed depending on income level of the applicant without giving repayment holiday for interest/principal.

Apex Cash Loan against approved Bonds like RBI/NABARD/Other Government Bonds. Eligibility: Existing Account Holders - Individuals, whose dealings are satisfactory. No loans against equity plan scheme i.e Tax Savings Scheme. Quantum: Maximum Rs. 5.00 lakhs. Margin: 30 % of Market value of Bonds like RBI/NABARD/Other Govt. Bonds. Security: Pledge of Bonds/Units etc. Repayment: 36 Months. Rate of Interest: 15.00% per annum Processing Charges 1.00% of the loan amount. Documentation: Application, Income Proof for repyament.

Pronote/Pronote covering letter. Letter of Pledge. Request letter for sanctioning loan/Overdraft facility. Sufficient number of blank transfer forms undated. Notice of lien.

Apex Personal Loan scheme for employees of Corporates-Professionals can avail this loan. Eligibility: All confirmed employees, executives/Officials of Public and Professionals who are our customers. The borrower salary must be credited to their Savings Bank account with us, The Professionals must be made all their transanctions with our Bank only. Purpose: To Meet the emergent need. To be classified as Personal Loans. Income Criteria: Minimum net take Home salary should be not less than 40% of the Gross Salary at the time of applying for loan after meeting the instalment for the proposed loan. To this effect, salary Certificate is to be produced as an evidence and should be kept along with loan papers. For the professionals 40% of annual income. Repayment: 36 Months. Rate of Interest: 15.00% per annum Limit: Up to Rs. 5,00,000/Processing Charges: 1.00% of the loan amount. Security:

Immovable Property Mortgage. Resident of Bangalore for a minmum period of 3 years. Co-obligant-Govt. Servant or Public Sector Undertaking. Post-dated cheques. Documentation: Application, Salary Certificate/Annual IT Returns Form 16. Pronote/Pronote covering letter. Irrevocable mandate addressed to the company/department in duplicate to credit the salary/instalments to the Bank s account and confirmation to that effect to be obtained from the company/department. If the employer is not agreeable to credit the instalments to the loan account, a mandate to recover the instalments from the S.B A/c of the borrower should be obtained. Co-obligant should also join the borrower for executing the loan papers where co-obligation is stipulated. The Professionals must give undertaking to operate all their banking transactions through our Bank only till the closure of their personal loan account. Advance Against NSCs The Bank provides advances against NSCs to the residents of Bangalore city.

Terms:

1. Advances are made against National Savings Certificates of VIII Series only. 2. 13.50% per annum will the rate of interest. 3. The quantum of loan amount will be 50% of the face value of NSC. Jewel Loan The Bank provides Jewel Loan against pledge of gold ornaments to the residents of Bangalore city. Terms:

The loan applicant should be/become a nominal member of the Bank. Gold articles should be delivered in person with Address proof or ID proof. In case, the applicant is already not a member of the Bank, a person who is well known to bank should introduce him to the bank.

The Bank will engage a Gold Appraiser to value the gold articles. Based on the valuation report, Rs.1400/- per gram or 70% of the market value, which ever is less, is considered for quantum of loan.

Limit: Maximum loan given is Rs. 10.00 lakhs. Rate of Interest: Upto 5 Lakhs - 12.00% per annum Above 5 Lakhs - 12.50% per annum As per the guidelines of RBI, interstshall be recovered at monthly rests. The Jewel loan interest shall be paid on monthly basis. If the borrower fails to pay interest at monthly rests, the interest so due shall be charged to the loan account. Maximum limit: For individual loanee is Rs 60.00 lakhs inclusive of all loans. The repayment period for the loan is 24 months and interest should be paid every month. 2 % penal interest will be collected on overdue amount and 13.00% interest will be charged on the overdue interest amount.

Service charges along with Jewel Appraisal chargers will be collected for each loan.

The loan will be considered only if the gold is 22 carat.

The ornaments will be kept in a bag with tag and waxed seal and in the joint custody of Br.Manager and Asst. Manager.

The gold article will be delivered only to the borrower, after closing the account and returning the gold loan receipt.

Vehicle Loan The Bank provides loans to purchase two wheelers/four wheelers for personal use only. Terms: Any individual working and residing in Bangalore city is eligible for the loan. Both the applicant and surety provider should b nominal members of the bank. Any one of them should produce his salary certificate or IT returns with 3 years Balance sheet. Maximum Rs. 1,50,000.00 or 75% of Vehicle invoice value, Road Tax, Insurance , whichever is less for 2 Wheelers. Maximum of Rs. 20,000,00.00 or 75% of Vehicle invoice value, Road Tax, Insurance , whichever is less for new car/Jeep or Van. For 2 wheel vehicles: S. No. Repayment Period 1 36 Months Amount in Rs. Rate of Interest P.A. 11.00%

Upto Rs. 1,50,000.00

For 4 wheel vehicles: S. No. Repayment Period 1 2 5 Years Up to 5 Lakhs Amount in Rs. Rate of Interest P.A. 11.00%

5 Years Above 5 Lakhs 12.00%

Processing Charges: 1.00% of the loan amount. Documentation: Application form. Invoice/quotation. Form No.29, Pro-note. Agreement subject to hypothecation of vehicle in favour of bank. Photo.

Home Loans The housing finance services offered by the Bank include construction of House/Mortgage Loan, Site purchase/Mortgage Loan, purchase of Flats etc., to the public through its network of 31 branches in Bangalore City.

Residents of Bangalore city are eligible for housing under certain rules. Persons applying for loans for construction of house, additional/repairs to the existing House/Flat, purchase of House/Flats, Site Mortgage/purchase Loan etc. within the limits of Bangalore City Corporation, BDA, BMRDA, Revenue Villages, BIAPA & Municipalities coming under the jurisdiction of BMRDA/BIAPA & Bangalore Rural District &Ramanagara District are eligible for loan. Terms

Loan will be sanctioned even if the property is in the name of spouse, provided the spouse mortgages the property to the bank and also guarantees the repayment of loan along with interest.

Loans will not be sanctioned for revenue property and purchase of sheet/tiled roof house.

The applicant should have regular income by way of salary, business etc. and should produce Income Tax returns of three years.

The applicant will have to give one surety acceptable to the Bank. The applicant will have to become a nominal member of the bank along with surety provider.

Loans will not be given to persons above the age of 58 years.

In case of non-salaried persons, the Bank will require that the loan is repaid before the applicant reaches the age of 70 years. And in case of salaried persons, the Bank will require that the loan is repaid before the applicant is retired from the services. In case of retired persons having sufficient repaying capacity, the repayment period "may" be extended for the applicant up to 70 years of age.

House/Flats/Site financed shall be mortgaged to the bank by depositing all original title deeds of the property with the bank and registering the equitable mortgage deed at the concerned sub registrar office.

Housing Loan (Construction/Purchase) Sl. No. Repayment Period Upto 30 Lakhs 1 2 Upto 7 Years 10.00% Interest

Above 7 Years &Upto 15 Years 11.00%

Construction/Mortgage Loan for Commercial Building

Sl. No. Repayment Period 1 120 Months

Amount 15.00%

Interest

60.00 Lakhs

Processing Charges: 1.00% of the loan amount. Required Documents: Original equitable mortgage deed Latest EC in Form No.15 after registration Loan agreement Acceptance letter Pro-note and letter of guarantee shall be executed by surety. The applicant should provide property insurance policy up to 150% of the loan amount. Apex Self Employment Terms loans and working capital loan for purchase of Tools. Loan to Auto-mechanics/Electricians/Plumbers and Carpenters engaged in servicing & repairing, to meet their working capital requirements. Self-employed persons who are engaged in servicing and repairs. Preference to those who have undergone training in the prescribed disciplines in the reputed training institutes.

Purpose: To provide term loans for purchase of power tools and need based working capital for the following Auto-mechanics for servicing & repairs. Electricals for servicing & repairs. Plumbers for sanitary servicing & repairs. Carpenters and wood workers. Eligibility: All artisans and self employed persons who are engaged in the field of carpentry and wood works, servicing and repairs of automobiles, electrical and sanitary servicing. Preference to the trainees who have undergone training in the prescribed disciplines as above in the reputed training institutes. Clusters of Artisans/Self employed persons who have joined to form SHGs. All existing eligible artisans borrowers of the Bank can also be brought under this scheme. Nature of loan: A composite loan for Tool kit finance in the form of Term loan and need based working capital OR term loan/working capital alone. Quantum: A Maximum of Rs.1,00,000/Security: Assets created out of Bank finance are to be hypothecated. collateral or Guarantee or Co-obligation. Repayment 3 to 5 years. Rate of Interest 14.00 % per annum. Pre-Closer Charges: 1.00% on outstanding balance. Documentation:

Application Pronote/Pronote covering letter. Photograph of the borrower/co-obligant. Agreement for hypothecation. Proof of address, proof of income with duly attestation by competitive authority. Spot inspection by Manager. Mahajar can be drawn by Manager. Insurance: The assets must be insured.

Installment Loan The Bank provides Personal Loans to salaried people living within Bangalore City, to meet expenses such as education of children, medical expenses of self and family, purchase of household articles etc. Terms: The loanee and the surety provider should be nominal members of the bank. The employer of loanee/drawing officer should issue an undertaking letter agreeing to deduct the loan amount every month towards loan installments or send the salary to the bank. The bank also gives personal loans by collecting post-dated cheques. Limit: 10 times of gross salary and within 60% gross salary

Repayment period: 60 months. Rate of interest: 15.00% Per annum. Processing Charges: 1.00% of the loan amount. Documentation: Latest salary certificate of loanee and surety provider.

Pro-note. Delivery letter to DPN. Letter of authority for pay/wages deduction. Bond of agreement etc, will be obtained from the loanee and surety provider. 2% penal interest will be charged and collected on overdue installments.

Term Deposits Term Deposit schemes offered by The KSCABL currently are "Fixed Deposit", "Diamond Jubilee JeevanJyothi Deposit (DJJJ)" and "Cumulative Deposit and Reserve Fund deposit". Fixed Deposits

Can be opened in a single name or two names. The period of deposit ranges from 15 days to 10 years. This account can be operated by either or survivor or jointly. Nomination facility is available. In case a minor is nominated, another name of a major is a must. This deposit is meant for a stipulated period. The amount will be paid on the date of maturity. The interest is payable on monthly/quarterly basis. If the depositor wants to close the deposit before maturity (premature closure), a penalty of 1% is charged. Deposits are accepted from Institutions and Individuals. Loan facility is available on this deposit. 85% of the deposit amount can be given as loan. 2% more interest against the applicable rate on FD will be charged. Overdraft facility. Additional 1% interest is paid for staff and ex-staff accounts. 0.50% more interest is paid for Senior Citizen. Additional 0.50% interest is paid for Individual deposits of Rs. 15.00 Lakhs &above ,invested at a time for a period of one year & above. Not transferable. RATE OF INTEREST FOR DEPOSITS EFFECT FROM 24/05/2011

SL.NO PERIOD OF DEPOSITS 1 2 3 4 5 6 15 Days to 45 Days 46 Days to 90 Days 91 Days to 179 Days

Rate of Interest 5.00% 5.75% 8.00%

180 Days to Less than one Year 8.50% 1 Year, Above & Less than 2 Years 2 Years and Above 9.50% 9.75%

Diamond Jubilee JeevanJyothi Deposit A/c (DJJJ) Can be opened in a single name or two. Can be operated singly, by either or survivor or jointly. Nomination facility is available. One year is the minimum period for this deposit. Interest will be paid along with the principle amount at the time of maturity. Interest will be compounded quarterly and credited to deposit account. 75% of advance is available against this deposit. This deposit is not transferable Note: The Higher Rate of Interest of 0.50% on Individual Deposits of Rs. 15.00 Lakhs &Above Invested at a time for a Period of One Year & Above. (W.e.f 07/01/2010) The Higher Rate of Interest 0.50% offered to Senior Citizens on all Term Deposits irrespective of the period of Deposits.The Retired Officials of KSC Apex Bank Ltd. who have become senior Citizens are not entitled for this higher rate as per the circular dated 04.06.2007. Cumulative Deposit Can be opened in a single name or two names One year is the minimum period for this deposit The depositor has to pay monthly installments in multiples of Rs.100/- only. 70% of advance is available against this deposit Interest will be paid along with the principle amount on the date of maturity. Nomination facility is available.

Current Account Key Features

Individuals, Partnership firms, HUF, Societies, Trust Accounts, can open a Current Account No limit is fixed on the number of transaction in a Current Account. Minimum balance to be maintained in case of Accounts without Cheque Book is Rs.1000/-. Minimum balance to be maintained in case of Accounts with Cheque Book facility Rs.5000/Usually no interest is paid to Current Account and no OD is allowed.

Requirements for opening of the Current Account by individual

Any individual who is major and has got contractual capacity can open a current account. Any person who wants to open a Current Account has to fulfill the following formalities:

1)Name and address of his residence - Documents like Voters list, Passport, Driving Licence, Electricity Bill, Telephone Bill etc., for address proof. 2)Introduction of the person from an existing account holder with the Bank 3)Recent photograph of the person for identification 4)Permanent Account Number (PAN)/Form No.60/ Form No.61 5)Specimen signatures of the account holders

Requirements for opening of the Current Account by institute/society

1)A person who wants to open a Current Account has to fulfill the following formalities: Name and address of his residence - Documents like Voters list, Passport, Driving Licence, Electricity Bill, Telephone Bill etc., for address proof. 2)Introduction of the person from an existing account holder with the Bank 3)Recent photograph of the person for identification. 4)Permanent Account Number (PAN) / Form No.60/ Form No.61.

5)Specimen signatures of the account holders. 6)License from the Registrar of Co-op Societies in Karnataka, Bangalore. 7)Copy of Byelaw and Board Resolution, which includes the rules for operating the account, specimen signatures of the signatories who are going to operate the account and the nature of work they carry in their business 8)Copy of Balance Sheet, Profit and Loss A/c and Audit Report of the transactions update should be provided along with a letter stating whether they have any credit facilities, loans and advances with any other banks. 9)Cheques should be drawn according to the operational instructions given by the account holders. 10) In case of insolvency, the operation may be stopped.

Nomination facility is available in Current Account - Individual/ General Account, where account holder can nominate a person as a nominee. Savings Bank Account Key Features A common operating account for individuals for non-commercial transactions. Helps you manage day-to-day banking transactions with some returns for the savings made Minimum Balance to be maintained without Cheque Book facility is Rs. 250/-. Minimum Balance to be maintained with Cheque Book facility is Rs. 500/-. ECS facility Nomination facility No overdraft facility is allowed. There is also a ceiling on the total number of withdrawals permitted during a specific time period. . Pass Book is provided to the customers to see the details of the transactions. Interest on balances in saving bank accounts would be calculated on daily product basis with effect from April 01, 2010. Rate of Interest - 4.00% PA.

Requirements for opening of the SB Account

A person who wants to open an SB Account has to fulfill the following formalities - Name and address of his residence - Documents like Voters list, Passport, Driving License, Electricity Bill, Telephone Bill etc., for address proof. An introduction of the person from an existing account holder with the Bank. Recent photograph of the person for identification for future needs/investigations. Permanent Account Number (PAN)/ (Form No.60/ Form No.61) Specimen signatures of the operators.

Bank Guarantee The Bank provides it's customers the facility of Bank guarantee against their deposits. Any customer of the bank can avail this facility.

Terms

a)Any customer who wants to avail the facility of Bank guarantee, must give a requisition in writing. b)He must provide his name and address in detail. c)He must produce the deposit receipt duly discharged by him along with the application. d)The guarantee amount shall not exceed 100% of the principal amount of deposit. e)The applicant should pay the requisite Bank guarantee commission prescribed by the Bank from time to time. f)The Bank guarantee period is linked to the period of the deposit. g)The Liability of the Bank shall cease on the date of expiry of the guarantee period.

DDs under IMAS The Inland Mutual Arrangement Scheme (IMAS) was formulated in the year 1958 by K.S.C. Apex Bank Ltd.

Objectives

Issue of demand drafts. Issue of mail transfers and telegraphic transfers. Collections of Cheques/Bills etc. by member banks in Karnataka on other member banks such as State, Central and Urban co operative banks and on their Branches in Karnataka.

K.S.C. Apex Bank Ltd. is administering the Scheme and the advisory committee is being constituted for monitoring/reviewing the activities of the scheme.

The members of the advisory committee include:

1)Managing Director of K.S.C.Apex Bank Ltd., as Chairman and representative of Apex Bank 2)3 members from D.C.C. banks 3)3 members from Urban Co-operative Banks and from Karnataka State Co-operative Banks Federation -1 member.

The advisory committee members shall meet once in a quarter.

All D.C.C. Banks and Urban Co-operative Banks and their branches, seeking admission to become members of IMAS should apply with K.S.C. Apex Bank Ltd.

K.S.C. Apex Bank Ltd., as the sponsored Bank of the said scheme, has laid down certain rules and regulations for the working of the IMAS and modifications of the scheme. It communicates to the member banks and its branches regarding admission/withdrawal of the scheme and circulates the specimen signature of the authorized officials to all the member banks to sign the DDs. It gives the decision over any dispute that may arise under the said scheme. It makes arrangements to convene

reconciliation meetings of all the member banks for speedy elimination of pending entries. Apex Bank gives guidance, education, and training programmes to all the member banks about the working of the IMAS. All the member banks under IMAS should maintain their Current Account with the head office of K.S.C. Apex Bank Ltd. They should also maintain books of records and registers and they must reconcile their accounts from time to time with their account at Apex Bank level.

Issue and Honouring of DD

All member banks shall draw MICR DDs/cheques on K.S.C. Apex Bank Ltd., Head Office Branch only. In other centers, as far as possible, DDs should be drawn on a member of the local clearing house. DDs should be written neatly in English with carbon sheet kept below the DDs and signed by 2 signatories. Alteration, if there is any, should be tested with full signatures with there code number allotted. Punching of the cages should be done to prevent fraudulent alteration of the amount of the DDs. The issuing bank should punch the number of the amount in figures on the exact cadge. Safety stickers may be pasted on the DD amount in figure to avoid any alterations. Limit for issue for Group A is Rs. 5 Lakh, for Group B it is Rs. 3 Lakh, and for Group C it is Rs. 1 Lakh. The limits indicated are for aggregate of the DDs to be issued in a day by one member on the other bank. The drawing power of a bank under Group A shall be Rs. 5 Lakh per day, under Group B Rs 3 Lakh per day and under Group C Rs. 1 lakh per day.

Cancellation of DD

The issuing bank should obtain a letter from the purchaser of the DD and intimate the paying bank and the paying bank on receipt of the letter (Form 5) must verify if the DD has already been paid, if not, stop payment should be noted and intimation should be sent to the issuing bank.

Mail Transfer and Telegraphic Transfers

A member bank can issue a mail transfer for crediting to the account of a customer at another member bank. Telegraphic transfer includes transfer of funds by TT through SBI/SBM/SBH/ HDFC. The bank sending the TT should record the details of the TT sent in a TT register. The pending items of the TT should be followed up promptly by the concerned bank.

Collection of Cheques and Bills

The Cheques and Biills drawn on different centers can be collected through a member bank at par. The proceeds of the Cheques tendered by the customers are to be credited to their accounts and unpaid instruments should be returned immediately. The collecting bank/branch on realization of Cheques/Bills shall send the realization advice (Form No. 9) to the K.S.C Apex Bank Ltd. for credit to the account. DDs under AIMAS All India Mutual Arrangement Scheme (AIMAS)

Genesis

National Federation of State Cooperative Banks Ltd., (NAFSCOB) launched `All India Mutual Arrangement Scheme (AIMAS) on August 21, 1965.

Scope and Coverage

The State Cooperative Banks (SCBs), their branches; The District Central Cooperative Banks (DCCBs), their branches and Cooperative Urban Banks (CUBs) and their branches in the country are eligible to become members of AIMAS. Under AIMAS, any participant cooperative bank can issue a Demand Draft payable at any other SCB or its branches or any DCCB or its branches or any CUB or its branches, provided they are members of AIMAS. At present 1156 bank offices in 26 States are members of AIMAS.

The following banking and non-banking business is permissible under AIMAS.

a.Issuing and honouring of MICR & Non-MICR Demand drafts b.Issuing and honouring of Mail transfers c.Collection and payment of Bills, Cheques, Dividend Warrants etc.

Role of NAFSCOB in AIMAS

a.NAFSCOB lays down the rules and regulations regarding working of AIMAS and takes all decisions related to the functioning of AIMAS, in consultation with the `Advisory Committee on AIMAS constituted by NAFSCOB and member participant SCBs under AIMAS. b.NAFSCOB provides necessary direction and guidance to the member participant banks under AIMAS. c.NAFSCOB takes final decision regarding admission and cancellation of membership of AIMAS, in consultation with the respective SCBs. d.NAFSCOB arranges printing and supply of MICR and Non-MICR DDs and makes them available to member participant banks on their specific indent, under intimation to the respective SCB. e.NAFSCOB arranges to circulate the Specimen Signature of the Authorized Officers of the participant banks among all participant banks under AIMAS. f.NAFSCOB assumes the responsibility to govern and monitor the functioning of AIMAS.

Role of State Co-operative Banks

SCBs play in important role in the functioning of AIMAS though the participant member bank offices operate AIMAS. When a DD is issued or paid by a DCCB/CUB, the SCBs will have to pass necessary entries at their level. The SCBs are also required to maintain Books/Registers with regard to DDs issued/honoured etc. The SCB shall forward the copies of circulars, Specimen Signature Sheets/CDs and other information/instructions etc., on AIMAS received from NAFSCOB to all the participant member banks under AIMAS in the respective States. The SCB shall print and supply relevant `Advice forms under AIMAS.

Admission Criteria

a.All SCBs and their branches are eligible to become members of AIMAS. b.A DCCB having a minimum working capital of Rs.5 crore can become a member of AIMAS. c.A DCCB having working capital of Rs.5 crore and up to Rs.10 crore can admit a maximum number of its 5 branches.

d.A DCCB having working capital of Rs.10 crore and above can admit a maximum number of 10 branches. e.A CUB having working capital of Rs.5 crore can become a member of AIMAS. f.A CUB having working capital of Rs.5 crore and up to 10 crore can admit maximum number of its 5 branches. g.A CUB having working capital of Rs.10 crore and above can admit a maximum number of 10 branches. h.The branch to be admitted to AIMAS should be a member/sub member of the local Clearing House.

Admission Procedure

Any SCB seeking admission to AIMAS should apply directly to NAFSCOB in the prescribed Application Form (Form No.1 as given in the Operational Manual on AIMAS), along with a certified copy of the resolution adopted by the competent authority indicating the names of the Authorized Officers to operate/sign under AIMAS, along with their specimen signatures and the `Group under which it would like to participate for the purpose of issuing and honouring of DDs.

DCCBs/CUBs seeking admission to AIMAS should apply to NAFSCOB through the SCB of the state concerned in the prescribed Application Form (Form No.2 as given in the Operational Manual on AIMAS), along with the resolution of the competent authority indicating the names of Authorised Officers to operate/sign under AIMAS, along with their specimen signatures and the `Group in which it would like to participate for the purpose of issuing and Honouring the DDs.

Groups for issuing and honouring DDs

The participant member banks can participate in any of the following `Groups for `Issuing and `Honouring DDs under AIMAS. Please Click Here to download a PDF document of details of groups under AIMAS.

Autorized Signatories

Member participant SCBs under AIMS can authorize up to 10 Officers per SCB and up to 5 Officers per branch office for admission to AIMAS, as Authorised Signatories.

Member participant DCCBs and CUBs under AIMAS can authorize up to 10 officers per Head Office and up to 5 officers per branch office for admission to AIMAS, as Authorised Signatories.

Admission Fees

a.DCCBs and CUBs are required to pay non-refundable Admission Fees of Rs.2500/- per bank office, which is inclusive of `Annual Membership Fees for the first year. b.Annual Membership Fees per bank office of DCCB and CUB is Rs500/-. c.SCBs under AIMAS are exempted from payment of `Admission Fees and `Annual Membership Fees .

Other costs

a.The actual cost of DDs (MICR & Non-MICR) is recoverable from the member banks. b.The cost towards `Specimen Signatures sheets/CDs, Hand book on AIMAS Cypher Code System, AIMAS Directory of Member Banks and any other stationery is recoverable from the participant SCB/DCCB/CUB.

AIMAS Operational Manual

Operational Manual on AIMAS consisting functional guidelines for the benefit of participant member banks under AIMAS has been brought out by NAFSCOB. The Manual is made available to all participant member banks at cost.

AIMAS Directory of Member Banks

NAFSCOB publishes AIMAS Directory of Member Banks , consisting of member specific code numbers, name and address of all the participant member bank offices along with Telephone

Numbers, Fax and Telex Numbers, E-Mail Addresses as well as the `Issuing Bank Key Numbers of participant banks under AIMAS. The directory is supplied to all participant member banks at cost.

AIMAS Handbook on Cypher Code System

In addition to measures adopted to ensure safety of Demand Drafts under AIMAS, an additional security feature such as Cypher Code has been introduced by NAFSCOB. In addition to the bank specific `Code Numbers , NAFSCOB also issues bank office specific four digit Issuing Bank Key Number for facilitating working out the Cypher Code. Under the Cypher Code System, certain numeric values have been allotted to features such as day, date, month as well as the range of amount for enabling the banks to workout day specific Cypher Code . NAFSCOB publishes `AIMAS Handbook on Cypher Code System and is supplied to all participant member banks at cost. Use of `Cypher Code has been made mandatory under AIMAS since January, 2005.

Progress in Membership

AIMAS is a popular scheme among SCBs, DCCBs and CUBs in the country. Please Click Here to download a PDF document of the list of members under AIMAS as on 31.03.2007.