Eligibility To Open The Account

  1. An individual, singly or jointly with one or more person
  2. Parent or guarden on behalf of their minors
  3. Partnership firm, companies, Associations, Clubs, Charitable institutions, trust etc.

Minimum Amount of Deopsit

  1. Rs.1000/- and in multiples of Rs.100/- thereof.

Period

  1. Minimum 6 moths and maximum 120 months.

Interest Rate

  1. Quarterly compound Card interest rates are applicable to term deposits (i.e. Compound interest rates of time deposits vary depending on the period of deposits).

Loan Facility

  1. 75% of the deposit amount can avail by the customer as demand loan.
  2. This type of deposit can made collateral security for any other type of loans in the bank.

Loan Facility

  1. Nomination Facility.
  2. Premature closing.
  3. Overdue deposit renewal.

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Arunachal Pradesh Rural Bank is a Schedules Bank established on 30th November 1983 under Regional Rural Bank Act 1976. It is sponsored by State Bank of India in collaboration with Government of India and Government of Arunachal Pradesh. The area of operation of the Bank is entire Arunachal Pradesh.

The Banks focus on expanding the branch network and new products and services with latest technologies to cater banking service to the people of Arunachal Pradesh.

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