The Zoroastrian Co-operative Bank Ltd.
(Scheduled Bank)
The Bank that is Big on Tradition & Trust
 
 
   
Savings | Term Deposits | Remittances | Mutual Funds | Insurance | Lockers | ATM Card | NRE | Credit Facilities  
  SAVINGS ACCOUNT  
 
Minimum balance to be maintained - Rs. 500/- only
Computerised Pass Books
Quick payments by Tellers
Minor's accounts opened with Guardian
No TDS on interest earned
Nomination Facility Available
 
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  TERM DEPOSITS  
 
Sweeping facility available from Term Deposit to Saving / Current Accounts (SWEEP)
Unit withdrawal from Term Deposit also available (Unit Withdrawal Scheme)
Compounded Yield under Reinvestment Scheme (DRC)
Short Term Deposits from 15 days onwards (STD)
Monthly Recurring Deposits (RD)
Attractive Interest Rates
Higher Interest incentive for Senior Citizens
Immediate Loan facilities against Deposits
Auto Renewal Facility
Computerised Fixed Deposit Receipts
Nomination Facility Available
NRE Deposits accepted
 
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  REMITTANCES  
 
Instant issuance of Demand Drafts on a wide range of centres
Wide network through correspondents
Economical service charges
Payorders issued at minimum costs
Electronic transfer of funds
 
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  MUTUAL FUNDS  
 

Distributors for Mutual Fund Products of

  • TATA Asset Management Limited
  • Reliance Capital Asset Management Limited

& Arrangement with

  • Powerpusher Financial Services Pvt. Limited (for Investment in all Mutual Funds)
 
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  INSURANCE  
  Corporate Agents of Max New York Life Insurance Company Ltd. for Life Insurance products
 
 
Life Insurance - Whole Life, Endowment, Unit Linked Insurance, Pension Plans
 
     
  Corporate Agents of Bajaj Allianz General Insurance Company Ltd. for (Non-Life) General Insurance products  
 
Property Insurance - Immovable & Movable Assets, Vehicles, Homes
Health Insurance Plan
Travel Insurance Plan
Home loan Insurance Plan
 
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  LOCKERS  
  Locker facility available at our Fort Branch.  
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  ATM CARD  
  Access of BANCS Network for ATM facility from other Member-Banks ATM all over India starting soon.  
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  NRE ACCOUNT  
 
Authorised by RBI to open NRE Accounts in Rupees
Various Deposit schemes offered
Easy conversion through correspondents
Premature Withdrawals allowed
Nomination Facility Available
Loan facility available (for NRE a/cs only)
No Income Tax (on NRE) , no Gift Tax, no Wealth Tax
Repatriation Benefits in NRE account
Simple Renewal Formalities
NRE Deposits accepted
Easy Documentation
Since 2006, RBI has instructed all Co-operative Banks to close all existing NRO accounts and not to open any fresh NRO accounts
NRE's can Download the Account Opening form, fill it and send it back to us on our Contact Details.
 
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  CREDIT FACILITIES  
  We provide Credit Facilities for various purposes. Click Here to know more.  
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