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Ancillary
Business

Ancillary Business

Our Bank offers various Value Added Services.

  • Demat
  • Life Insurance / Non-Life Insurance
  • I-Connect
  • Stamp
    Franking
  • Safe Deposit Locker
  • Mutual Fund

Our Bank focuses on adding value to its products, in order to offer prime services to customers with utmost convenience. The Bank has tied up with NSDL as a Depository Participant (DP),offering Demat services at all branches.

Features & Benefits

Securities in electronic form

Enjoy a safe, secure and convenient buying, selling and transacting securities with a Demat account which involves less paperwork and delays in converting securities to electronic format

Dematerialisation of shares

Securities registered in your name are surrendered to (DP) and sent to the respective company, which "Dematerialise" it and credit security to the depository account.

Re-materialisation of shares

Converting the securities back into physical form.

Faster, risk-free and low cost settlement

  • Depository functions like a securities bank, where the dematerialized securities are traded and held in custody, facilitating faster, risk-free and low cost settlement
  • Elimination of possible mutilation & misplacement, postal delay and counterfeit shares
  • Low brokerage charges
  • Quick ownership of securities on settlement resulting increase in liquidity
  • No confusion in the ownership of title of securities

Pledge and Hypothecation

  • Easy pledge / hypothecation of shares
  • Quick receipt of public issue allotment

Our depository services will conveniently take care of all demat hassles

  • Speedy opening of your demat accounts
  • Internet viewing of details of holdings and transactions through Ideas
  • Confirmation of transaction through SMS
  • Online validation of physical securities
  • Enhancing liquidity through shorter settlements
  • No stamp duty on transfer of securities held in demat form
  • No concept of market Lots
  • Change of name, address, dividend mandate, registration of power of attorney, transmission etc. effected across by a single instruction
  • Settlement of Securities traded on the exchange & off -market transactions
  • Pledge and Hypothecation of Dematerialised Securities
  • Electronic credit in case of public issue
  • Receipt of non-cash benefits in electronic form

* Conditions Apply

NOTE : Demat is written as both ‘demat’ and ‘Demat’. Check which one is correct.

Insurance

We have entered in to a strategic alliance with various insurance companies for Life Insurance, General (Non-Life) Insurance and Health Insurance products respectively.

NKGSB Bank holds IRDAI Certificate Registration No. CA0021 to act as a Corporate Agent (Composite) under The Insurance Act, 1938 (IV OF 1938) valid from 01.04.2016 to 31.03.2019.

Beware Of Spurious Phone Calls and Fictitious / Fraudulent Offers

IRDAI clarifies to public that

  • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
  • IRDAI does not announce any bonus.
  • Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number

Life Insurance

Life insurance has become a necessity in today’s era. It provides security against the risk of financial losses in event of death. Your family can live comfortably and without worry of any financial crisis.

NKGSB Co-op Bank Ltd. is a Corporate Agent of MAX Life Insurance Co. Ltd. and Bajaj Allianz Life Insurance Co. Ltd., leading and reliable life insurance companies in market for promoting and distributing Life Insurance products to our customers.

Max Life Insurance Co. Ltd.

NKGSB Co-op Bank Ltd. is a Corporate Agent of Max Life Insurance Company Ltd. under the IRDAI Certificate Registration No. CA0021. For all your Life Insurance related queries, please contact our nearest Branch and for more details, kindly visit www.maxlifeinsurance.com.

Max Life Insurance Company Limited, one of the leading private life insurers is a joint venture between Max Financial Services Ltd. and Mitsui Sumitomo Insurance Co. Ltd. Max Financial Services Ltd. is part of the Max Group, which is a leading Indian multi-business corporation, while Mitsui Sumitomo Insurance is a member of MS&AD Insurance Group, which is amongst the leading insurers in the world.

Max Life Insurance offers comprehensive long term savings, protection and retirement solutions through its high quality agency distribution and multi-channel distribution partners. A financially stable company with a strong track record over the last 15 years, Max Life Insurance offers superior investment expertise.

Registered Office

Max Life Insurance Co. Ltd., 11th Floor, DLF Square Building, Jacaranda Marg, DLF City Phase II, Gurugram- 122002 (Haryana).

Disclaimer

The Life Insurance Products are offered and underwritten by Max Life Insurance Co. Ltd. The Life Insurance contract is between the Proposer and Max Life Insurance Co. Ltd. Insurance is the subject matter of solicitation.

Trade logos displayed belong to Max Financial Services Limited and Mitsui Sumitomo Insurance Co. Ltd. respectively and are used by Max Life Insurance Co. Ltd. under a license. The purchase of Max Life Insurance product by NKGSB Co-op Bank Ltd customer is purely a voluntary basis, as NKGSB Co-op Bank Ltd is not in the business of insurance & there is no link either direct or indirect between the banking services offered by the bank to its customers and use of the insurance products.

Max Life Insurance Toll-free numbers - 1800-200-5577

For further Detail one can contact

  • Mrs. Anita Suvarna, Senior Manager of NKGSB Co-op. Bank Ltd - 9833898722.
  • Mr. Aniruddha Tiwari, Senior Relationship Manager of Max Life Insurance Co Ltd. - 9821624436.
  • Mr. Tejpratap Jaiswar, Relationship Manager of Max Life Insurance Co Ltd. - 9822588499.
  • Insurance Department of NKGSB Co-op Bank Ltd. on 022-61049821 / 37 / 39.

"Insurance is the subject matter of solicitation"

IRDAI Regn. No. 104
ARN: Max Life/NKGSB/Web content/ July 2017

Bajaj Allianz Life Insurance Co. Ltd.

NKGSB Co-op Bank Ltd. is a Corporate Agent of Bajaj Allianz Life Insurance Company Ltd. under the IRDAI Certificate Registration No. CA0021. For all your Life Insurance related queries, please contact our nearest Branch and for more details, kindly visit www.bajajallianzlife.com.

Bajaj Allianz Life Insurance Company Limited is one of India’s leading private life insurance companies. It is a joint venture between Bajaj Finserv Limited, the holding company for the businesses dealing with financial services of the Bajaj Group, and Allianz SE, the world’s leading insurance conglomerate and one of the largest asset managers in the world. Bajaj Allianz Life Insurance Company Limited began its operations in 2001, and today has a pan-India presence with 631 branches as on 31 March, 2018.

The company offers life insurance solutions through its strong product portfolio, which includes traditional insurance products and ULIPs for enabling customers fulfill their Life Goals. The Company also offers group insurance and health insurance plans.

Registered Office

Bajaj Allianz House, Airport Road, Yerawada, Pune-411006, Maharashtra.

Disclaimer

NKGSB Co-op Bank Ltd is a Corporate Agent of Bajaj Allianz Life Insurance Co. Ltd. and is registered with Insurance Regulatory and Development Authority of India bearing registration number CA0021. This Plan is offered and underwritten by Bajaj Allianz Life Insurance Co. Ltd. The purchase or non-purchase of an insurance plan by the customer is purely on voluntary basis.

Bajaj Allianz Life Insurance Toll-free number (service) - 1800-209-7272

For further Detail one can contact

  • Mrs. Anita Suvarna, Senior Manager of NKGSB Co-op. Bank Ltd - 9833898722.
  • Mrs. Smita Sharma, Relationship Manager of Bajaj Allianz Insurance Co Ltd. - 9820216134.
  • Insurance Department of NKGSB Co-op Bank Ltd. on 022-61049821 / 37 / 39.

"Insurance is the subject matter of solicitation"

IRDAI Regn. No. 116

General (Non-Life) Insurance

Non-Life / General Insurance covers loss due to certain perils of tangible assets viz. Flat, House, Motor Vehicles, Furniture & Fixtures, Jewellery, Office & Factory Premises, Plant & Machinery, Stock of Raw Materials & Finished Goods, Medical Equipments and other Contents etc.

Risk Cover available under Non-Life / General Insurance are Fire, Lightning, Explosion & Implosion, Aircraft Damage, Riots, Strike & Malicious Damage, Storm, Cyclone, Typhoon, Tempest, Hurricane, Tornado, Flood & Inundation, Impact Damage, Subsidence, Landslide, Rock-slide, Bursting and /or overflowing of Water Tanks, Apparatus and Pipes, Leakage from Automatic Sprinkler Installations, Bush Fire, Missile Testing Operations, Earthquake, Burglary, Theft, Accident, Loss-in-Transit, Mediclaim etc

NKGSB Co-op Bank Ltd. is a Corporate Agent of Bajaj Allianz General Insurance Co. Ltd. and ICICI Lombard General Insurance Co. Ltd. most trusted and reputed general insurance companies in market for distributing General (non-life) Insurance products to our customers.

Bajaj Allianz General Insurance Co. Ltd.

NKGSB Co-op Bank Ltd. is a Corporate Agent of Bajaj Allianz General Insurance Co. Ltd. under the IRDAI Certificate Registration No. CA0021. For all your General (Non-Life) Insurance related queries, please contact our nearest Branch and for more details, kindly visit www.bajajallianz.com.

Bajaj Allianz General Insurance Company Limited is a joint venture between Bajaj Finserv Limited and Allianz SE. Both enjoy a reputation of expertise, stability and strength Bajaj Finserv is the financial services arm of Bajaj Auto group having interests in life insurance, general insurance, consumer finance and financial products distribution. Allianz SE established in 1890 is the largest insurer in the world with a revenues of Euro 103.6 Billion (includes insurance, asset mgmt and corporate)

Bajaj Allianz received the Insurance Regulatory and Development Authority (IRDA) certificate of Registration on 2nd May, 2001 to conduct various businesses (including Health Insurance business) in India. The Company has an authorized and paid up capital of Rs 110 crores. Bajaj Finserv Limited holds 74% and the remaining 26% is held by Allianz, SE.

Registered Office

Bajaj Allianz General insurance Co. Ltd, 1st floor, G.E.Plaza, Airport Road, Yerawada, Pune - 411006

Disclaimer

For more details on the risk factors terms and conditions please read the sales broachers before concluding a sale Bajaj Allianz General Insurance Toll-free number (service) - 1800-209-5858

For further Detail one can contact

  • Mrs. Anita Suvarna, Senior Manager of NKGSB Co-op. Bank Ltd - 9833898722.
  • Mrs. Smita Sharma, Relationship Manager of Bajaj Allianz Insurance Co Ltd. - 9820216134.
  • Insurance Department of NKGSB Co-op Bank Ltd. on 022-61049821 / 37 / 39.

"Insurance is the subject matter of solicitation"

ICICI Lombard General Insurance Co. Ltd.

NKGSB Co-op Bank Ltd. is a Corporate Agent of ICICI Lombard General Insurance Co. Ltd. under the IRDAI Certificate Registration No. CA0021. For all your General (Non-Life) Insurance related queries, please contact our nearest Branch and for more details, kindly visit www.icicilombard.com.

ICICI Lombard General Insurance Co. Ltd. is a joint venture between ICICI Bank Limited and Fairfax Financial Holdings Limited; a Canada-based diversified financial services company engaged in general insurance, reinsurance, insurance claims management and investment management.

ICICI Lombard General Insurance Co. Ltd. is one of the leading private sector general insurance companies in India.

ICICI Lombard General Insurance Co. Ltd has upgraded from earlier ISO 9001:2008 to the latest higher standard of ISO 9001: 2015 Certification w.e.f 7th January, 2017.

Registered Office

ICICI Lombard House, 414, Veer Savarkar Marg, Near Siddhivinayak Temple, Prabhadevi, Mumbai – 400025.

Disclaimer

For more details on the risk factors terms and conditions please read the sales broachers before concluding a sale Toll Free No. 1800 2666 / Fax No. 022-61961323
Email: customersupport@icicilombard.com

For further details, please contact to

  • Mrs. Anita Suvarna, Senior Manager of NKGSB Co-op Bank Ltd - 9833898722
  • Mr. Samadhan Thombare, Relationship Manager of ICICI Lombard General Ins. Co. Ltd. – 7045943004.
  • Insurance Department of NKGSB Co-op Bank Ltd. on 022-61049821 / 37 / 39.

"Insurance is the subject matter of solicitation"

Health Insurance

Health insurance covers medical and surgical expenses of an insured individual in health related contingencies. It can reimburse the expenses incurred due to illness or injury or pays directly to the hospitals or care provider of the insured individual.

In today’s world where pollution is increasing, disease and illness can happen to any one of us. It is now essential for an individual to be covered under a health insurance plan, so that the financial security of his family doesn’t get disturbed.

Religare Health Insurance Co. Ltd.

NKGSB Co-op Bank Ltd. is a Corporate Agent of Religare Health Insurance Co. Ltd. under the IRDAI Certificate Registration No. CA0021. For all your Health Insurance related queries, please contact our nearest Branch and for more details, kindly visit www.religarehealthinsurance.com.

Religare Health Insurance Co. Ltd. is one of the leading player in Health insurance industry and has earned good reputation since its inception Registered Office: Religare Health Insurance Company Limited, 5th Floor, 19, Chawla House, Nehru Place, New Delhi-110019.

Disclaimer

For more details on the risk factors terms and conditions please read the sales broachers before concluding a sale Toll-free number – 1800-200-4488

For further details, please contact to

  • Mrs. Anita Suvarna, Senior Manager of NKGSB Co-op Bank Ltd - 9833898722
  • Insurance Department of NKGSB Co-op Bank Ltd. on 022-61049821 / 37 / 39
  • Mr. Pradeep Sakpal, Senior Relationship Manager of Religare Health Insurance Co Ltd. – 9619046197
  • Mr. Abhin Chawla, Relationship Manager of Religare Health Insurance Co Ltd. – 9876081592

"Insurance is the subject matter of solicitation"

* Conditions Apply

You can pay all your Direct taxes like Gift tax, Income tax, Wealth tax, etc and Indirect taxes like Central Excise duty, Service tax, etc through I Connect facility.

Stamp Franking activities have become a credible mode in the interest of general public at large. In its quest to add new products, the Bank has obtained the license and introduced this value added facility at its branches to frank impression of stamps on a variety of instruments on which stamp duty is payable, under the provision of Indian stamp Act 1899 and the Bombay Stamp Act 1958.

Benefits

Convenience

To do away with the inconvenience of carrying hefty cash

No queue

Save time as no time-consuming queue at stamp paper office.

No Fear

No fear of fake stamps.

Instant service

Timings at Thane, Ponda, Panvel & Kothrud Branches – 10.00 a.m. to 5.30 p.m.

Just visit our Thane (W), Ponda, Panvel & Kothrud branches and avail this facility.

* Conditions Apply

Just relax as we safeguard your valuables. No worries anymore.

Eligibility

An individual (except minor), firm, limited company, association, club, trust, society may hire a locker.

Benefits

Open a Savings Account with nominal security deposit.

Locker options

Locker available in various sizes i.e. Small, Medium, Large and Extra large.

Minimum period

Locker rented out for a minimum period of one year.

Payment option

Locker rental can be conveniently paid either by cash or directly from account.

Low charges

Nominal annual charge, depending on the size of the locker and branch location.

Individual / Joint Account

Locker can be opened individually or jointly.

Nomination

Nomination can be made only in favour of one individual.

Locker Charges

This facility is available at most of our branches. Just submit a request letter to allot this facility at your branch

* Conditions Apply

Our Bank offers hassle free investment opportunities to our customer, through our tie-up Mutual Fund companies. Currently we are offering funds from below mentioned Asset Management companies and more option will be made available in near future.

  • Birla Sunlife Asset Management Co. Ltd.
  • Reliance Nippon Life Asset Management Co. Ltd.
  • HDFC Asset Management Co. Ltd.

For more details and expert personalised advice on the investment in Mutual Fund, please contact our nearest Branch.

* Conditions Apply