What are semi-urban branches?
Based on the size of the population, a centre, where bank branch is located, is classified either into rural, semi-urban, urban, or metropolitan as under: Rural: population less than 10,000. Semi-Urban: 10,000 and above and less than 1 lakh. Urban: 1 lakh and above and less than 10 lakh.
What is the minimum balance in Axis Bank rural branch?
This account is offered with the requirement of maintaining the half-yearly average balance of Rs. 2.500/- in semi-urban and rural centres.
Is Axis Bank a semi government bank?
Axis Bank Ltd. Axis Bank established in 1993 was the first of the new private banks to have begun operations in 1994 after the Government of India allowed new private banks to be established. Axis Bank Ltd. has been promoted by the largest and the best Financial Institution of the country, UTI.
What is minimum balance for Axis Bank?
The minimum balance requirement for easy savings and similar programs in Metro, Urban areas has been increased from Rs 10,000 to Rs 12,000. Axis bank customers should note that the change in monthly balance requirement only applies to plans with an average balance requirement of Rs 10,000.
What is a semi rural area?
Semi-rural living is really in the name. It’s a mix of living on the outskirts or within small countryside towns and villages, but also being a stone’s throw from a larger city.
How do you know my bank branch is urban or semi urban?
Semi-Urban: 10,000 and above and less than 1 lakh. Urban: 1 lakh and above and less than 10 lakh. Metropolitan: 10 lakh and above.
How can I open Kisan bank account?
Resident Individuals (sole or joint account) who are involved in the process of farming and own Agricultural Land can apply for a Kisan Club Savings Account….Option 2:
- HYB NIL (A/c to be opened with IP of Rs. 10,000 or Rs.
- Fixed Deposit maintenance of Rs. 50,000/-.
- Charges on non-maintenance (Rs. 50,000 in FD or Rs.
What is semi urban settlement?
Semi-urban settlements are places where large numbers of people come together, whether forcibly or voluntarily, in special-purpose settlements that lack many of the features characteristic of cities.
What is an example of an urban area?
“Urban area” can refer to towns, cities, and suburbs. An urban area includes the city itself, as well as the surrounding areas. Many urban areas are called metropolitan areas, or “greater,” as in Greater New York or Greater London.
Is Mumbai urban or rural?
of India for Census 2011, Mumbai is an Urban Agglomeration coming under category of Mega City. Mumbai city is governed by Municipal Corporation and is situated in Mumbai Urban Region.
How do I know my bank branch type?
The branch code of a bank branch helps in distinguishing one branch from another. It is available on the bank’s website, printed on cheque books and pass-books. The last 6 characters of any given IFSC code is the branch code.
Which banks provide Kisan card?
Top Kisan Credit Cards by Banks
| Credit Card | Credit Limit | Maximum Tenure |
|---|---|---|
| BOI Kisan Credit Card | Up to 25% of the farmer’s estimated income (but not exceeding Rs.50,000) | N/A |
| SBI Kisan Credit Card | Based on the crop cultivation and cropping pattern | 5 years |
| HDFC Kisan Credit Card | Credit limit of up to Rs.3 lakh | 5 years |