Question 1

How do I open a savings account at PLD Bank?

Accepted Answer

Visit any PLD Bank branch with Aadhaar card, PAN card, 2 passport-size photographs, and proof of address. Fill the account opening form, pay the minimum balance of Rs. 100, and your account will be opened the same day. A free passbook will be provided.

Question 2

How do I open a savings account?

Accepted Answer

Visit your nearest PLD Bank branch with Aadhaar card, PAN card, and 2 passport photos. Our staff will help you open an account in minutes.

Question 3

What is the minimum balance for a savings account?

Accepted Answer

The minimum balance for a savings account at PLD Bank is Rs. 100. No maintenance charges are applicable as long as the minimum balance is maintained.

Question 4

What is the interest rate on Fixed Deposits?

Accepted Answer

We offer up to 8.50% per annum on fixed deposits for 366+ days. Senior citizens get an additional 0.50% interest.

Question 5

How can I apply for an agriculture loan?

Accepted Answer

Visit your nearest branch with land documents, Aadhaar, PAN, and 2 photos. Agriculture loans start from just 3% per annum interest rate.

Question 6

What interest rate do you offer on Fixed Deposits (FD)?

Accepted Answer

PLD Bank offers up to 8.50% p.a. on Fixed Deposits. Senior citizens (aged 60+) receive an additional 0.50% interest. The minimum deposit amount is Rs. 1,000 for periods ranging from 7 days to 10 years. Interest rates are subject to change as per RBI guidelines.

Question 7

How can I apply for an agriculture loan (KCC)?

Accepted Answer

To apply for a Kisan Credit Card (KCC) agriculture loan, visit your nearest branch with land documents (RTC/Pahani), Aadhaar, PAN, 2 photographs, and bank passbook. The interest rate is 3% p.a. with government interest subvention. Loan amount depends on landholding and crop pattern. Repayment is as per the crop cycle.

Question 8

What is the Krishi Vikas Cash Certificate?

Accepted Answer

It is a special deposit scheme where your money doubles in 108 months (9 years). Minimum investment is Rs 1,000.

Question 9

Do you provide safe locker facility?

Accepted Answer

Yes, safe locker facility is available at our Head Office in Honavar. Contact us at 08387-220208 for more details.

Question 10

What is the interest rate on gold loans?

Accepted Answer

PLD Bank offers gold loans at 10% p.a. The loan amount is up to 75% of the gold value as per RBI guidelines. Gold is valued by approved valuers and stored securely at the branch. Repayment period is up to 12 months. Bring your gold and ID proof to any branch to get instant cash.

Question 11

What are the bank working hours?

Accepted Answer

Monday to Saturday: 9:00 AM to 5:00 PM. Second Saturday and public holidays are closed.

Question 12

Are my deposits insured?

Accepted Answer

Yes, all deposits with PLD Bank are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the Reserve Bank of India, up to Rs. 5,00,000 per depositor. This includes savings, fixed, and recurring deposits.

Question 13

Does PLD Bank offer ATM or internet banking?

Accepted Answer

No, PLD Bank is a rural co-operative bank and does not offer ATM, internet banking, mobile banking, or UPI services. All transactions must be done in person at our branch offices. This keeps your money safe from digital fraud.

Question 14

Can I get a loan against gold?

Accepted Answer

Yes, we offer gold loans at 10% per annum. Bring your gold ornaments to any branch for instant loan approval.

Question 15

How many branches does PLD Bank have?

Accepted Answer

We have 5 branches: Honavar (Head Office), Manki, Gerusoppa, Karki, and Chandavar.

Question 16

What are the bank working hours?

Accepted Answer

PLD Bank is open Monday to Saturday, 9:00 AM to 5:00 PM. The bank remains closed on the 2nd Saturday of every month, all Sundays, and public holidays (Republic Day, Independence Day, Gandhi Jayanti, Christmas, and other state/national holidays).

Question 17

How many branches does PLD Bank have?

Accepted Answer

PLD Bank has 5 branches across Honavar Taluka: Honavar (Head Office), Manki, Gerusoppa, Karki, and Chandavar. Visit the Branches page for addresses, phone numbers, and working hours of each branch.

Question 18

Can I nominate someone for my account?

Accepted Answer

Yes, nomination facility is available for all deposit and loan accounts. You can add a nominee at the time of account opening or any time later by submitting a nomination form at your branch. In case of the account holder's death, the nominee can claim the deposit amount easily.

Question 19

What documents are required for KYC?

Accepted Answer

For KYC verification, you need: 1) Aadhaar card (mandatory), 2) PAN card (mandatory for transactions above Rs. 50,000), 3) 2 passport-size photographs, 4) Proof of address (Aadhaar, voter ID, or utility bill), 5) For loans: additional income/property documents as applicable.

Question 20

What is the recurring deposit (RD) interest rate?

Accepted Answer

PLD Bank offers 8% p.a. on Recurring Deposits. The minimum monthly deposit is Rs. 100, and the period ranges from 6 months to 10 years. RD is a great way to save small amounts regularly and earn good returns. Premature closure is subject to penalty as per bank rules.

Question 21

How do I file a complaint or grievance?

Accepted Answer

You can file a complaint in 3 steps: Step 1 - Contact the Branch Manager (resolution within 7 working days). Step 2 - If unresolved, contact the General Manager at Head Office, Honavar - 08387-220208 (resolution within 15 working days). Step 3 - If still unresolved, contact the Banking Ombudsman, Reserve Bank of India. You can also use the Contact form on our website.

Question 22

Can I get a vehicle loan from PLD Bank?

Accepted Answer

Yes, PLD Bank offers vehicle loans at 11-12% p.a. for both two-wheelers and four-wheelers. Eligibility requires membership and regular income. Repayment period is up to 60 months (5 years). The vehicle will be hypothecated to the bank until full repayment. Visit your nearest branch with income proof and vehicle quotation.

Question 23

Does the bank offer safe deposit lockers?

Accepted Answer

Yes, safe deposit locker facility is available at the Head Office in Honavar. Lockers come in different sizes with nominal annual rent. To avail a locker, visit the Head Office with your KYC documents. Locker allotment is subject to availability.

About PLD Bank

Our Core Values

Trust

Cooperation

Growth

Integrity

Financial Highlights