Know About The Documents Needed To Open A Bank Account With HCBL

Opening of a bank account is easy with HCBL.  Every person who is desirous to open a bank account with any of the branches of HCBL will have to produce the following documents:-

Address Proof:  To open a bank account in general accounting system of the bank, individual needs to produce a valid address proof.  In this documents name of the person should be endorsed.  In case the person is minor or major, his name must be in the documentary proof required as address proof.  This can be the ration card, voter ID or the certificate issued by any official department.  

HCBL also accepts address proof provided by the ombudsman of concerned village on letter head with signature and seal.  In case of urban resident, if he/she is serving anywhere, a letter from the employer on letter head reflecting the local and permanent address is sufficient as address proof.  In case the person is an ex-service man, the photocopy of his discharge book showing the permanent address must be produced in support of address proof.  Some more address proves are also acceptable by HCBL.  The documentary requirement to open bank account with HCBL also needs some photo identity proof.

Photo identity proof:   This is another mandatory requirement to open a bank account.  Photo identity can be established through, driving license, voter card, PAN card, ex-service man identity card, ration card, AADHAR card and any other card issued by the official machinery.  Letter issued by the employer of private sector is also acceptable having the photo graph of the individual.  

Though, voter card and PAN card also establish the address proof but these documents mainly accepted as photo identity proof.  In some cases, Canteen Smart Card is also accepted as photo identity proof, ECHS medical cards issued to the ex-servicemen, in case of old ex-servicemen, discharge book or pension certificate can also serve the purpose. 

Importance of driving license: Driving license is one of the most important portions of the documentary evidences deposited with the bank.  With the help of DL, address of the customer can also be ascertained.  But, just to cross check the authenticity of the address, separate address proof is asked apart from the driving license.  According to the circumstances, some relaxation is also provided in submission of the necessary documents.  Though, these documents are mandatory requirement and individual must submit them to the bank. In case of loan, without submission of all the required documents, processing cannot be initiated.  Though, no processing fee has been fixed for granting any type of loan.

Amount:  Minimum amount for opening of a bank account is Rs. 1000.00.  At any case, the account holder has to maintain the minimum balance in his/her account.  If the same amount is withdrawn through the ATM card, some charges are levied on the customer but in HCBL no such charges are forced on the customer.  Individual has the right to deposit or withdraw the amount of his/her requirement at any time.

Significance Of Documentation Required By HCBL

Normally, the customers who have the Electoral Identity card or Voter card understand the same as valid photo identity and address proof but it is our responsibility to make it clear that Voter card is not considered as valid address proof.  A lot of ambiguities have been experienced in creation of Voter Cards and hence government itself has declared this proof as photo identity proof only.  For proving you permanent address from the card issued by the government of India is only AADHAR card.  This is the document of address and photo identity proof.  Significance of the documents is self explanatory.  

Without valid documentary support, no bank will provide banking facilities.  The documents provided by the customer are governing papers to maintain his/her account with the bank.  As far as the address proof is concerned, one can also produce the bank pass book of other bank and it will be accepted at HCBL.  Because after investigating the place of residence, banks issue pass book having the residential address on face page of the same.

Once all the documentary proofs are collected, bank will provide you banking services with all the latest technical support.  SMS alert service is an automatically added feature with the accounts.  We do not believe in formalities and do not ask customers to provide separate application for linking his/her bank account with the SMS alert facility.  At the time of opening of bank account, we ask the option from customer to have this facility or not.  Internet banking options are also asked at the time of opening of the account.

This is for advanced information of all the account holders that we also provide insurance facility but this is kept optional.  In case anyone desires the same, he/she can select the insurance option at the time of opening of bank account.  Though, the same can also be asked at later stage.  This is under discretion of the individual concerned. Policy bond is also there and like other insurance policies, premium facility is also here.  Option is with the customer to deduct the premium from his/her bank account or physical remittance.

Flexibility is also with HCBL to open the account for minors.  It is possible that the relative of the child wants to take the guardianship of the minor, he/she can maintain the account but to open the account for such child, relative will have to take the approval of the natural parents of the concerned kid. 

Being based on the co-operatives, HCBL allows its customers to deposit their precious amount on daily basis.  A scheme has been launched namely Asha Pigmy Deposit Scheme. The customers concerned are allowed to deposit the amount according to their saving on daily basis.  The ceiling limit of deposition is minimum Rs. 20 and maximum Rs. 5000.00 per day.  This collection is also under the electronic supervision.  An automatic receipt will be generated on collection and notified to the customer’s account.

Apart from the above mentioned, it is also confusion among customers that we are taking more charges in making demand draft than other banks.  It is clarified that our service charges are just equal to other banks of private and public sector.

Adopting flexibility has established HCBL in short time

HCBL has risen just before thirteen years and within this short period the success ladder become small due to concerted efforts put in by all concerned.  Not only bank employees and officials but it is the main force of our prestigious customers who have brought us at this place.  We were working in one room in 2002 and today we have made customer waiting lounge areas more than 10 times.  Our progress from this small instance can be easily measured.

Expansion: Now in the seven districts of Uttar Pradesh only, we are running our branches with a good success speed. Out ATM Machines and all other technical assets are quite able to provide mental relief to the customers for quick banking behavior. This is common fact that all the customers want facilities from any organization.  To attract more and more customers we added more technical facilities for our prestigious customers.  But one cannot feel some class complex while sitting in any of our branches.  He/she can deal with us in quite easy manners. 

The local approach, manner of dealing the customers, environment for the customers, financial updation, online facilities, ATM machines, cash depositing facility and many more amenities are available for our customers.  This has been given to them just for keeping with ourselves.

Documentation: Apart from the facilities maintained for the customers, we require simple and clear cut documentation for each of the purpose.  From opening of bank account till loaning, all are designed according to the nature of bank.  Simplicity is maintained in all our endeavors.  Documentary evidences are mandatory but we do not force customers to submit the same at every cost.  Flexibility is being maintained in all our works.  Processing is quite faster. All the loan applications are provided due attention as we do not want any small pebble in the free flying.  Since inception we have not left any stone unturned and always tried to keep the flag of HCBL flying.

Record Keeping:  Our record keeping is created in quite secure data base.  Out data collection bank is our state of the art collection.  We keep all the data in digital form.  Only essential hard copies are maintained in strong rooms attached with the branches.  Loan applications are also transferred to strong room after processing and digitalization of the same.  Encryption of all the monetary transactions is stronger is not able to be hacked from any sources. 

Staff: Staff employed at all the branches including headquarters are well trained in documenting and other dealings.  It is suggested that you once visit our branch and see the pattern of working.  Later you will come on the call of your soul.  Bank promises you to provide high class of services at all time.  You will feel no difference with private banks and technicality of HCBL.  This flexibility is only the reason that has made us stronger and able to serve you better.  All our efforts are special because of our slogan “Yeh Bank Zara Kuch Khas Hai”. 

Easy Accessibility Of HCBL In Lucknow And Surroundings Districts

HCBL is one of the speedily growing banks of Lucknow city.  Not only in urban area but some of the branches of this bank are also opening in the rural area as the nature of bank is based on the co-operatives.  This bank was established on the basic themes of co-operatives and still being run on the fundamental principles.  Modern technicality adoption is not only the fashion but a need too.  All the customers of bank need quick response in every banking endeavor. Irrespective of depositing or withdrawal, all the information needs to be sending on the registered mobile number of esteemed customers.  This internal structure of this bank has been designed to provide modern amenities to all the customers but dealing patters is quite simple.

In different places of Lucknow, one can get the branches of this bank. 

Aliganj Branch: Aliganj is one of the busiest areas of the city and HCBL established its branch with full technical support in Kapoorthala complex.  One can access this branch by reaching Sahara India Centre-2.  On 1^st floor this bank is established.  Contact can also be made on 0522-231710 for any query.

Alambagh Branch:   To provide efficient banking services to the next busiest areas of Lucknow, HCBL established its branch in Alambagh and can be accessed at 551 JHA/172, Ram Nagar on Kanpur Road.  Any query can be asked on 0522-2454115.  This bank is fully equipped with all modern technical banking amenities. 

Gomti Nagar Branch:  Hospital is such a venue where banking is one of the most needed services.  HCBL understands the requirement of esteemed customer and opened its branch at Sahara Hospital in Viraj Khand Gomti Nagar accordingly.  ATM of HCBL is also located there and one can use this service without accessing the bank directly.  All the ATM machines installed are like mini branches.  Contact number of this branch is 0522-2726344.

Janki Puram Branch: HCBL also opened its new branch in Jankipuram area.  One can access this branch at LPC, Sahara Estate.  This branch provides all the modern banking facilities to the customers. Contact number of this branch is 0522-2735928.  FAX can also be sending on this number to get any details.

Rai Bareli (Service Branch):  In nearby district Rai Bareli, HCBL has stretched its wing and provided banking facility.  The main service branch of this bank is established in Kaiper Ganj (In 128, Chauhan Market). Contact details of this branch are 0535-22101060.  FAX is also possible on this number.

Barabanki branch:  Barabanki is the nearest city of Lucknow.  This is like another station in the city.  From Barabanki to Lucknow, people have daily connectivity.  HCBL established its branch at Mughal Darbar, Station Road.  The area falls in civil lines.  You can make different queries on 05248-224696.

Sitapur branch:  In another nearby city of Lucknow, Sitapur, HCBL branch is available at Jail Road.  You can solve your problems through the phone number 05862-273011.

All the above mentioned branches are equipped with ATM facilities.  The bank is fully CBS and one can do any type of banking with us like other private banks.  Technical facilities available at HCBL are user friendly and unbroken at all times.

Things to Remember Before Taking Home Loan

From the time of Neanderthals, the basic requirements of humans are Food, Clothes and Shelter. These requirements have changed their standards with advancement in civilization and technologies.

Home is one basic requirement for living. This is required by every living species, especially human beings. Every individual has right to have their own home. A majority only dreams for this. In present times constructing or buying a home is very difficult and exhaustive task. People don't have sufficient money and time to invest in constructing homes. Also continuous zooming rates of property does not allow an individual to buy a home from its savings. This situation directs them to take Home Loan.

Technically, a Home Loan is a loan that is obtained from Tathastu HCBL Bank, Financial Institution or Mortgage Company at static interest rates and payment terms for purchasing a home. In simple words, Home Loan is the reasonable amount of money given by a bank to its customer for buying a home. The rate of interest and offers on loan depends on the bank. Assorted banks have assorted interest rates, offers and tenure.

Home Loan has some of the following avails:

Tax Avails

According to Section 24(b) of Income Tax Act, 1961 a person can claim for a deduction up to Rs. 1.5 lakh from the income tax at the total interest that a person has to pay for the loan. In case of loan taken prior to March 01, 1999, the deduction stands reduced to Rs. 30,000.

According to Sections 80C and 80CCE of the Income Tax Act, 1961 a deduction up to Rs. 1 lakh as Principle Repayment on the home loan can be done from gross total income if the prescribed condition is fulfilled.

Interest Avail

Loans are of two types, Long Term Loans and Short Term Loans. Short Term Loans are better than Long Term Loans because it has a less probability of fluctuating interest rates. In Long Term Loans, interest rates may rise and fall several times and borrower faces many problem regarding loan tenure. The borrower should try to pay a major part of the loan when interest rates fall. This will benefit the borrower and reduce the loan tenure.

Interest Rates on Home Loan

Interest Rate is associated to lender's base rate which is decided by the banks on the Reserve Bank of India guidelines. It depends on liquidity, inflation and monetary policies. Interest rates are of two types, Fixed Rates and Floating Rates.

Fixed Rates remain same for entire term of the loan as compared to Floating Rate. Fixed Rates are 0.5% - 1.5% higher than Floating Rates. If a person feels that interest rates are likely to come down then he should opt for floating rate.

The interest rates for different public and private sector banks ranges from 10.25% to 11%. Some public sector banks provide special interest rate for women borrowers.

Tips before finalizing loan

• Analyse terms and condition of each loan agreement.
• Analyse Equated Monthly Instalment (EMI).
• Negotiate on Interest Rates.

Know About The Mile Stones And Technical Caliber Of HCBL

HCBL has a strong caliber to make its place among all other banking agencies.   Our bank is properly registered with the government of India and has ISO certification for its excellent performance.  Our bank is service oriented and profit oriented financial agency.  It is developing profit generation since the inception.  Due to its working pattern and different system of approach, ISO certification was awarded in 2005 and the tradition of hardworking is continuing till date.  A tough group of statutory auditor has audited our accounting and banking system and found all the function according to the preamble and theme.

Highly devoted governing body of the bank has created a blast in the banking system in small duration and tough efforts of all the employees have given a boost to the working culture of the bank.  Leader ship of the bank is of top quality and bank has left no stone unturned on its way.  Owing to its dedicated and concerted efforts put in, the bank was awarded with coveted award the “Indian Achievers Award” during the year 2008.  This shows the caliber and devotion of the bank towards assigned jobs and creating a dynamic horizon for banking.

The success ladder is always short for the tough determiners.  Hard work discharged by the bank made it again the eligible establishment to get the prestigious banking frontier Award in 20011.  A number of latest innovative steps have been taken by the bank to improve the communication technology related with banking culture.  The systems implemented in the bank were of top quality since the inception and this tradition continued further.  Though the fragrance of the bank was not limited up to and it reached too abroad.  The counter part of this bank located in Austria has also recommended the working system of HCBL and resulted in another ISO certification.  

Within the country, HCBL has maintained a creamy layer of cooperation with all the co-operatives.  Well established working culture earned another prestigious recognition for the bank in just next year (2012) and the “Excellence Award for Co-operative Bank Development) was given to HCBL.  In the couple of years, HCBL won two other major awards namely “Best Alternate Channel Project Award and the next one was “Best Payment Project Award 2012”.  These awards shows the down to earth nature of the bank.  Selection for this award is self explanatory that the bank is well determined for attaining the self created targets without harming the rural emotional values.

In next one year, the success ladder of the bank gone further higher and HCBL won the award for excellence in procedures namely “Award of Excellence” in the year 2013. 

The above mentioned examples of the high recognition of the bank are self explanatory that the hard work never stops losing the recognition and any how pulls the attention of people.  Same tradition of HCBL is continuing till date.  Even after winning a number of awards, you will not feel that you are visiting a bank which has a high reputation.  The down to earth nature of the bank is sufficient to attract any person just in one dealing. 

Find Answers Of All Your Confusions While Dealing With HCBL

Any customer either old or new may have some of the doubts while starting dealing with any of the bank.  It is crystal clear that the banking process of HCBL based on the co-operatives and dealing manner is quite user friendly, the customer may feel some abnormality in making relations with us. We are sure that in one or two dealings, they will definitely convert in the permanent customer of our bank.  A customer may have the under mentioned confusions and we assure you to satisfy all your doubts:-

Confusion on loaning patterns:  It is obvious that the customer may have some of the doubts on loaning patters of the bank.  He/she may feel that what documentary procedure will be there and will loan application for a four wheeler be sanctioned quickly as advertised or not.  Many more confusions like that.

We assure you that we just need simple documentary proofs to sanction your loan applications. Your recent colored passport size photographs, an ID proof, your address proof, what is your income (Salary slip of ITR), bank statement showing the transactions of previous six months, vehicle quotations from the dealer and a guarantor.  Some other documentary evidences are local requirement and based on the discretion of branch manager.  You don’t need to have worry about sanction of your loan application.

Confusion in making demand drafts:  Many of the customers have confusion that if they have current account in the same bank will the charges be deducted for making demand drafts?  It is simply clarified to our prestigious customers that bank offers this facility up to 3 demand drafts only provided that the customer has current account in any of our branches and the minimum balance is up to Rs. 1 lakh.  Their bank account should be active for last 6 months.  We also provide the facility of demand draft making on cash.  Though, it is the discretion of branch manager.  

Confusions regarding R.D. schemes with HCBL:  Normally, the person withdraws their R.D. schemes owing to the pressure of various circumstances.   Yes, one can withdraw the amount before 6 months too.  But no interest will be applicable on that amount.  On the other hand, if your withdrawal is made before maturity period but after 6 months, the interest will be paid to you.  This interest will be 1% less as agreed upon at the time of taking the scheme.  It may be that you have fixed your amount for a long period but unfortunately withdrawing well before the maturity, the rate of interest will be slashed 1% only.  You have right to withdraw the amount pre-maturely too.  This is done under our Lakhpati scheme.

Confusion regarding house loaning:  Our esteemed customers have this question that what are the reasons that our bank only allows the house loan sanction against the properties of Avas Vikas and LDA only.  We clarify the matter because these agencies are officially approved by the board of directors of the bank.  Apart from the above mentioned agencies, we also sanction house loan against the properties which have proper NOC from local official machinery. 

Know What We Answer Of Your Question

This is a common confusion that what will be if a person is having an account in other branch of HCBL and want a locker in other nearby branch.  This is for general information of all the customers that locker can be obtained in any branch of your account is with HCBL.  But only a small condition will apply.  You will have to pay the locker fee in cash to that branch.  No account deduction will be possible.

Compulsion of KYC has been made to all the customers irrespective of having any type of account.  Even the customer having R/D account will also have to do KYC.  This is for the betterment of our customer. And if with the help of some of the IDs, you can get the faster accessing of all the services of bank, this is your benefit only.  So proceed on to have KYC.

Likewise if a person brings a cheque issued by other person, will it be paid?  No doubt, HCBL will give payment to the bearer against the cheque but will ask an Identity proof of the bearer just due to some security reasons.

Some customers also have the confusion that will they be eligible to send fund in the bank outside of Uttar Pradesh from their HCBL account.  We assure our customers that they can send money to any of the bank located outside of the Uttar Pradesh with the help of RTGS or NEFT facilities.  They will have to comply with the time frame decided for RTGS and NEFT.  Likewise ceiling limit of funds transfer per day will also have to be maintained.

In case some of the accounts are being operated in HCBL without having any KYC, will they be allotted with cheque book facility?  The straightway answer of the bank is “NO”.  Such account holders can withdraw their amount through withdrawal form only.  They will have to visit the concerned branch for taking withdrawals.  To avoid this inconvenience, KYC is asked from the individuals so that necessary ATM cards and cheque books can be issued.  This will facilitate the bank as well as the customer too.  The emergencies never come by messaging in advance.  It is quite possible that any need occur during closing hours of bank so it is better to have ATM card facility.  But to avail the same, customers are supposed to provide the KYC to their concerned branch.

HCBL also provide Sweep facility to its esteemed customer but also needs a fiscal support from them to keep maintain minimum balance in their account of Rs. 10,000.00.  In case the persons concerned have taken a withdrawal before 45 days, they will not be paid with the interest.

ATM card supply is one of the fastest features of account opening.  HCBL is able to provide the ATM card to the customer within one working day after opening of account. At HCBL, all the demand drafts of other banks are treated as the cheques from outward and require realization from the issuing branch.  Once the DDs and cheques are realized, you can get payment within the day. 

Avail Benefits In Every Sector Of Banking By Joining HCBL

This is the basic need of the day to have connection with such a financial agency which under stands you better.  All the needs of a common person are limited to have good banking procedure and humble treatment by the bank staff.

It will be your pleasure as well as our too if you have made a direct link with HCBL.  We are there with such a brilliant system of approach which will suit the needs of all persons.  Dealing with the customers of this bank is unique and after having relationship with this bank you will feel the difference.  Only electronic services are not everything, dealing pattern and treatment matters most for a customer.  In the premises of the bank, customer wants full attention by the bank and mannered dealing.  Yes, HCBL is there to cater for all you need.  Specialty of this bank will inspire you to get more and more facilities from here because, "Yeh Bank Zara Kuch Khas Hai".

Once you visited the bank, you will know that how joining HCBL is beneficial. You can get the benefits in each sector of the banking by joining HCBL.

Open account with HCBL and see:  You can get several benefits in having accounts with Tathastu HCBL.  Opening of saving bank account is quite easy as bank does not ask you tougher documentary evidences. If you have any type of accounts with this bank, first of all you will get peace of mind as the maintenance of accounts is very simple and crystal clear. Interests calculated according to the words spoken in advertisement and customer feels the true environment.  Passbook entries are always available and like other banks no specific day and time is fixed for passbook updating.

Easy loaning available for you:  In case a customer needs loan on various grounds, he/she can go ahead with easy steps.  Documentary proves are minimum and customer can afford them easily.  "On spot" verification system is adopted in HCBL.  In case a person needs home loan, the survey team of the bank will carry out survey with minimum inescapable requirements and submit its report to the competent authority of the bank for further action.  The re-payment system of the loan is also flexible.  One can return the home loan in 20 years.  Pause period, if any, is also calculated under the re-payment period.  No pre-payment penalty is forced on the customer.  It is quite possible that a person manage source of money and return the loan before the stipulated period.  Principle will reduce accordingly and the customer is not levied with any financial charges.

Soft dealing by the bank:  HCBL provides a friendly environment to its customers to feel the class dealing.  Routine transactions, even of smaller amount, are also accepted at bank.  This is cooperative bank and hence smaller transactions are also permitted.  This dealing provided a friendly atmosphere between customers and bank.

HCBL has made tradition to deal with the customers with a homelike treatment and thus the bank has won various awards since inception.  The awards for excellence are self explanatory regarding the working procedure and dealing softness in our premises.

Fulfill Your Business Needs with HCBL ‘Saral Loans'

Today in business there is always requirement of some amount of working capital for bearing its operating expenses and other daily needs of office. The business faces several ups and downs in its day to day life where it needs additional support for dealing with the situations.

In the season of recession when operating expenses of the business are more than income of the business, it becomes very essential to get some of the extra working capital to prevent the company from further loss. There are various finance companies which provide short term loans to the company to cover their loss in the period of recession and repay the same when the situations are under control.

Apart from various finance companies established, banks have also started the work of finance and benefitting people in their critical times. The finance services are more trustable and there are almost no chances default and fraud. One such Tathastu bank HCBL is famous for providing its great finance services.

The loan services provided by HCBL banks are very customer oriented and require only one guarantor unlike others. There are various kinds of loan for various purposes. All types of loan require simple formality comparatively others.

One such loan named as ‘saral loan' offered by banks especially for meeting the working capital requirements of businesses in their daily life. The requirements may be like purchase of equipments, furniture or for renovation and maintenance of building, show room, shops and any commercial purpose for carrying out business.

The eligible candidates are for individuals, proprietorships and partnerships in the shape of retailers, beauty parlors, repairing of articles, auto service, refrigerators, restaurant, canteen service / Tiffin services, grocery shops. There is need of permanent place for the business. The applicant must be of age between 21 years to 65 years.

The loan will be in the form of term loan or cash credit. The minimum amount of loan could be taken is rupees fifty thousands and the maximum amount of loan could be taken is rupees two lakh. The period of loan is usually three years.

The security accepted is fifty per cent of the amount of loan in the shape of the bank's term deposit and also the hypothecation of stocks or equipments etc. There is need of personal guarantee of at least one person acceptable to the bank. It requires very small processing fee of Rs 250. The inspection will be conducted by bank officials at regular intervals once in a month. They use to charge minimal expenses of rupees fifty.

This kind of loan has benefitted many of the small business in very best way and many of the problems of corporate have been solved. Business regularly requires some of the additional working capital for the meeting the additional expenses which comes along with sudden changes in the market. There is need to reimburse those expenses immediately with help of loan. HCBL has been satisfying its customers with its easy loan formalities and simple process. 

Loans Make Your Dream Come True, Don’t Forget HCBL In Need

The time has gone when asking loan was considered bad.  People prefer to make their own muscles rather than depending on other.  But changing is the rule of world.  Trends converted and people started paying importance to loans.  They felt that the loans are the best medium to make their dreams fulfill.  The conventional hesitation has slipped and various agencies have also emerged on the horizon of financial threshold.  Banks also started loaning facilities to their customers with some easiness. 

Earlier, the documentary evidences were kept stronger to ascertain the authenticity of the individual concerned but later the hard and fast ruling were liberalized some more and individuals were provided the easy conditions. 

Nature of bank: Like other banks HCBL also followed the same pattern of loaning with few additional steps.  First of all, it should be implanted in mind that the basic nature of the bank is based on the co-operatives.  A collection of the enthusiastic personalities is the face page of bank.  Series of efforts is not made by the bank officials only but this is the major gathering of likeminded persons who are our prestigious customers too.  We provide the loaning with simple processing.  All types of loans released by HCBL are based on the actual needs of the individual.  HCBL  Tathastu understands the needs of customer and that is why we sanction the applications of loan applicants on easy conditions.  All our functioning is based on the nature of co-operatives.  Though, the modernism is in our behaviors and working culture but the basic of banking theme is still based on co-operatives and will be.

Simplicity in releasing the loans: Without approaching the HCBL, it will not be possible to know for the esteemed customers that how flexible our loaning process is.  You just need to enter our premises and remaining things will be looked after in so easy manner that you won’t feel you are dealing with the bank.  No need to worry as we look modern like other banks but our system of approach will provide a better support to solve all your loan related problems.  Simplicity in submitting loan applications, only essential documentary requirement, only one guarantor and having a simple S/B account will suffice your entire requirement.  The processing time of loan applications is quite shorter and you can expect the loan on next week from the date of submitting the application provided that all the documents are produced before the bank in as required manner.

Quick dealing: As far as dealing pattern of HCBL is concerned, we can assure you that you will define the same is best. Time frame is formulated to discharge each and every task in the bank and the same is compiled with. Whether normal banking time or off hours, all the time punctuality is considered on top.  We understand the time is precious and this is the thing which is in short quantity with every individual. So we take care of precious time of our customers.

HCBL Coming Up With Excellent Its Bank Services

HCBL bank has been making its great contribution towards the development of banking services in India. Uttar Pradesh has seven of its branches and two of its extension centers for serving the peoples for number of its banking facilities.

This bank has been providing its banking services since august 2002 with its head office located at Luck now. This bank started with single room office has slowly established many of its branches in many of the branches in the cities and two extension centers.

This bank has been equipped with all the updated facilities of bank and has been satisfying its customers with its outstanding banking features. Some of its outstanding banking facilities include-

·         NEFT and RTGS transactions

·         Internet banking facilities

·         ATM sharing

·         E- lobby

·         Banking mall

Further all of its branches are fully computerized and are building up with very good infrastructure. RTGS and NEFT transactions have made banking so smooth that all the urgent transactions are possible to be done within same day with in short period of time.

With the help of online transactions facility, customers are able to carry on their transactions from any of their place and at any time. Now customers don’t need to delay their urgent transactions to wait for banking days and timings. Thus banking is possible from any of the place by customers.

With ATM sharing facility now the HCBL customers have more flexibility to use the ATM of other banks having tie ups with HCBL for ATM sharing like Axis and IDBI. Now the most of the problems of customer regarding cash withdrawal at any of the time will be solved and customers don’t have to wait for bank to open.

Through SMS banking facilities person can avail services like enquiry regarding last three transactions, account balance and requesting the cheque book. These have made banking very easier than before as previously people has to meet with so many documentary formalities which wastes most of their time.

HCBL is also known for their disciplined and well qualified staff members who are completely devoted to serve their customers in best possible manner. They work till the customer is fully satisfied with their services. For the suitability of customers various call centers are also opened where every kind of complain and problem of customers is listened and solved in every possible manner. Thus every activity of the bank is directed towards serving the customers in best way taking them as their main motive.

Further apart from core banking, HCBL stated serving many of the other services like insurance facility, tax consultancy, mutual fund selling, pan allotment, portfolio management and many more. Thus along with banking HCBL also provides financial services to the customers and having more interaction with their customers. Bank has entered in tie ups with SBI Life insurance and Bharti Axa General Insurance.

Thus under one roof we can get all banking as well as financial solution. This bank is being appreciated by RBI governor for its tremendous contribution in the field of banking. 

Loaning Options Of HCBL Are Well Designed And User Supporting

Loaning is the subjects that can fills some energy in the person as the desire is likely to be fulfilled.  Loaning is the support which helps a customer from getting rid of bad patches. After all the efforts made by individual, loaning becomes last option.  All the banks are competent to provide the loans but the terms and conditions of all the banks are different and may not suit the customer’s conditions.  A financial agency which provides the loaning in easier manner without hampering the actual financial circumstances of the customer, wins the heart of common public as through mouth publicity the system of approach reaches to others.

Some banks put harder conditions to provide the loan.  They need some guarantee but at HCBL, this fact is implanted in mind that if a person is asking a loan, he/she will not be able to provide a guarantee.  If the security amount would have been there, the individual didn’t need to ask the loan.  The rules have been formulated considering this fact.  To avail the benefits of easy loanings at Tathastu HCBL individuals are suggested to visit the official website of the bank and select the best ever plan.  All types of loan are quite easily available for the customers.

Home Loans:  Home loan policy of HCBL is quite easy.  The loan has named as ASHRAY.  This loan can be repaid in 20 years or so.  Terms and conditions are also easier according to the financial circumstances of the customer.  Banks knows that the importance of own shelter.  Many of the persons, who pass a long period of their lives on rent and not able to afford own house, to provide housing facility for such deprived persons, bank has a soft corner in its policies and provides loan on simple terms and conditions. 

Education loan:  HCBL also provide you the education loan.  Formalities to get the education loan are quite easier.  To provide educational boosts to the students, it is mandatory to have sound financial management, but to cater the increasing expenditure involved in studies; HCBL has designed a simple and easy education loan policy with simples re payment options.

Saral Loans: To cater for all the personal needs like office equipment, home appliances, business needs and likewise other small requirements, HCBL has designed better loaning schemes for the individuals.  Banks needs only simple documentary evidence against which only one guarantor is required.  This loan needs easier re-payment according to its designation “SARAL LOAN”.

 Car Loan: HCBL provides four wheeler loans to its customers on simple rates of interest.  Documentary evidences are required but the procedure is not too complicated.  Original documents of the vehicle will be the property of bank till the re-payment. Once the loan installments have been paid, the vehicle can be sold to any third party or transferred.

In simpler words, it can be said that HCBL loans are lighter to the customer as re-payment of the same is not burdensome. Customer base of HCBL is increasing rapidly. 

Opening of account in HCBL is better option

Having a bank account is not a status symbol. it has become the necessity of the day too.  Without having a saving bank account, it is quite difficult to maintain the financial balancing.  Routine expenses are due but a person wants some saving after all the expenditures.  This is only possible when a person has its saving bank account.  

Though, opening of a bank account is not a big job.  Some documentary evidences and initial amount is sufficient to open a bank account but still banks needs a tough formality and thus the person feel hesitation to open a bank account.  But the system of approach of HCBL is different.  Individual can not feel that he/she is dealing with the financial agency.  The level of treatment, designing of the official structure, level of treatment are quite user friendly.

System of approach:  HCBL has adopted its unique system of approach for all.  If a person wants a simple saving bank account or any person wants a big loan.  Treatment is equal for all customers.  The dealing pattern has been designed according to the work.  Cooperatives are the basis of the bank and due to this, nature of functioning is quite simple.  

In the premises of the HCBL, each customer is the most important person as he/she is giving the chance to the bank to serve in better manner.   Not only customers but employees posted at HCBL also feel well.  Amenities in the bank premises and to the customers are well planned and designed.  Bank understands the needs of the customers and thus all the policies have been framed accordingly.  

Technical infrastructure:  Presently the bank is serving with large caliber and has opened a number of branches in different cities of the country.  Inside the bank, all functioning is fully automated.  From normal monetary transactions to sanctioning of the loan, all process is automated.  Notification system has been adopted so that the customer can be informed at every transaction.  Notification system is also applicable for the persons having current account, saving account or loan account.  Monthly statement of the account can be asked on the e mail address.  To support the national drive to save ecology and to avoid paper work, an e-statement system has been formulated by the bank since inception.  

All the ATMs of the bank, have the communications with the user to not to ask for receipt after withdrawal to save the ecology.  Balance display on the screen or the message notification is there and this is getting due attraction of the customers.  People are advised to come and join HCBL whether as a customer or as an employee. 

Amenities: At the HCBL, one can make his/her dream come true.  The financial support is easy than your imagination.  Loaning on various grounds is possible through minimum documentary evidences.   The customer can re-pay the loan in easy manner and no pre-payment penalty is levied on the customers.  This is one of the big amenities provided by the HCBL.

What Are The Benefits Of Opening Account In PMJDY

PMJDY stands for Pradhan Mantri Jan Dhan Yojna.  This is one of the ambitious schemes of establishing sound financial system in the country.  This scheme is directly launched by the Prime Minister of the country and has a number of benefits.  Through this scheme, in coming years, each individual of the country will have a bank account and equipped with the latest financial technicality.  The basic and minimum inescapable requirement to participate in this scheme is any one of the identity proof. 

One should know the differences of opening of saving bank account under PMJDY or under normal bank procedures.

General Bank Account: If someone wants to open a bank account in any of the banks in the country, he/she will have to produce address and identity proves.   No relaxation will be provided by the bank with regards to the basic documentary requirements.  This bank account will be opened from minimum Rs. 1000/- and you will have to maintain the minimum balance.  In case you have withdrawn the amount through the ATM, you will be charged for the same.  Though, this account will provide you the identity too.  But some of the main differences between normal account and PMJDY are elaborated below:-

Ser	Under Normal banking system	Under PMJDY
(a)	Minimum amount: Rs. 1000.00	Minimum amount : Rs. Zero
(b)	Documentary requirement: Valid Address and Photo Identity Proof.	Documentary requirement:  AADHAR or any ID.  You can produce self attested letter in case the address has been changed.
(c)	Feature of small account: No	Feature of small account: Yes, if no documentary evidence is available. (You will have to produce the documentary proof within one year).
(d)	Accidental claim : No	Accidental claim : Rs. 100,000.00
(e)	Penal charges of not maintaining minimum balance:  Yes	Penal charges of not maintaining minimum balance:  No such charges are levied.
(f)	System of operation: Joint or Single	System of operation: Joint or single.
(g)	Nomination facility : Available	Nomination facility : Available

In any case, opening of a bank account with HCBL under PMJDY is quite beneficial.  Documentary proves are normally not held by the villagers and this scheme will help them a lot.  Easiest way has been adopted to open the bank accounts.  Reserve Bank of India also formulated crystal clear directives to all the banks to support this scheme.  To avail benefits of PMJDY it will be better to ask any bank to open their bank account.  In case of AADHAR card is not with the individual, he can get a certificate written by the ombudsman of the concerned village showing that the person is the resident of such village.  Voter identity card will also serve the purpose.  But need not to worry if you don’t have any of the identity proof.  You can give an undertaking in the bank to provide necessary documents in one year and you will be provided with a small saving bank account under PMJDY.  In case of accident, you can also get the accident claim of Rs. 100,000.00.

Opening of account in HCBL is better option

Having a bank account is not a status symbol. it has become the necessity of the day too.  Without having a saving bank account, it is quite difficult to maintain the financial balancing.  Routine expenses are due but a person wants some saving after all the expenditures.  This is only possible when a person has its saving bank account.  Though, opening of a bank account is not a big job.  Some documentary evidences and initial amount is sufficient to open a bank account but still banks needs a tough formality and thus the person feel hesitation to open a bank account.  But the system of approach of HCBL is different.  Individual can not feel that he/she is dealing with the financial agency.  The level of treatment, designing of the official structure, level of treatment are quite user friendly.

System of approach:  HCBL has adopted its unique system of approach for all.  If a person wants a simple saving bank account or any person wants a big loan.  Treatment is equal for all customers.  The dealing pattern has been designed according to the work.  Cooperatives are the basis of the bank and due to this, nature of functioning is quite simple.  In the premises of the HCBL, each customer is the most important person as he/she is giving the chance to the bank to serve in better manner.   Not only customers but employees posted at HCBL also feel well.  Amenities in the bank premises and to the customers are well planned and designed.  Bank understands the needs of the customers and thus all the policies have been framed accordingly.  

Technical infrastructure:  Presently the bank is serving with large caliber and has opened a number of branches in different cities of the country.  Inside the bank, all functioning is fully automated.  From normal monetary transactions to sanctioning of the loan, all process is automated.  Notification system has been adopted so that the customer can be informed at every transaction.  Notification system is also applicable for the persons having current account, saving account or loan account.  Monthly statement of the account can be asked on the e mail address.  To support the national drive to save ecology and to avoid paper work, an e-statement system has been formulated by the bank since inception.  All the ATMs of the bank, have the communications with the user to not to ask for receipt after withdrawal to save the ecology.  Balance display on the screen or the message notification is there and this is getting due attraction of the customers.  People are advised to come and join HCBL whether as a customer or as an employee. 

Amenities: At the HCBL, one can make his/her dream come true.  The financial support is easy than your imagination.  Loaning on various grounds is possible through minimum documentary evidences.   The customer can re-pay the loan in easy manner and no pre-payment penalty is levied on the customers.  This is one of the big amenities provided by the HCBL.