Nomination of Deposits

THE NATIONAL CO-OP.BANK offers nomination facility in all deposit accounts opened by you as a individual . Bank also allows you to make a nomination if you are opening a current Account as a sole proprietory concern .The guidelines which are to be followed for making a nomination are given below:

• You can nominate only one person per account.
• You can also nominate a Minor .
• Modification/change in nomination can be made subsequently also with the approval of all the account holders.

Death Claim Settlement

THE NATIONAL CO-OP.BANK LTD has simple procedure to settle the claim in favaour of the authorised claimant in case of death of the customer . It is done with minimum paperwork and in a minimum time limit .

Standing Instructions

Customer can instruct Bank to effect fund transfer at preset timings and amounts from your account.

The standing instructions can be used for:

• Repayment of loan by deduction of installment at specific interval.
• Payment of bills.
• Transfer to recurring deposit accounts.
• Payment of safe deposit rentals
• Payment of salary
• Inter A/c transfer of FD interest at stipulated intervals.