All types of loans

All types of loans

A loan is a debt provided by an organization or individual to another entity at an interest rate, and evidenced by a promissory note which specifies, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and date of repayment.

Saving Account

Saving Account

A savings account is the most basic type of account at a bank. Savings accounts typically pay interest on your deposits, which helps you grow your money, but rates are relatively low on these low-risk accounts.

mobile banking

mobile banking

Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet.

Welcome to Eenadu Bank

Eenadu Bank is now ranking as “one of the leading & fast growing” Urban Co-operative Banks in the State of Telengana. The Bank has attained this premier position due to the confidence reposed by the esteemed members and customers in the Management of the Bank on the one hand and running the Bank on sound principles without compromising with the spirit of Co-operative Principles and by strict compliance to the Directives issued by the Reserve Bank of India from time to time. The motto of the Bank is to extend a “better quality” of customer service and to assimilate and implement innovative methods with a firm commitment to achieve its goals.

The Total Business of the Bank as on 31/03/2023 – Rs.335.54 crores.
Deposits – Rs.200.54 crores
Loans & Advances – Rs.135.00 crores
Networth – Rs.20.50 crores
Profit after tax – Rs.2,02,03,663/-
CRAR -17.24%
Priority Sector advances – 69.38%

Due to introduction of CBS, the customers are extended with uninterrupted Banking services from 10.00 a.m to 5.00 p.m on all working days. Avail ATM services at Chandanagar , Miyapur, Nizampet, Beeramguda, Attapur & Isnapur branches (All bank cards accessible)

 


POSITION  FOR MANAGING DIRECTOR / CHIEF EXECUTIVE OFFICER

Inviting Application from suitable , result oriented candidates having Good command over State Cooperative Act provisions & Rules , B R ACT ( AACS ) who fulfills “ FIT & PROPER “ criteria norms as prescribed by RBI for the post of Full time “ MANAGING DIRECTOR/ Chief Executive Officer “ .

The Candidate must be well  acquainted with various  directives & circulars issued by the Regulatory  Authorities  and should  possess updated knowledge on recent trends in Banking  technology .

Age Limit : Between 35 yrs to 65 years as on 15.02.2024

Qualification : The person shall be a graduate, preferably, with

          (a)  Qualification in banking/ co-operative banking such as CAIIB / Diploma in Banking and

Finance / Diploma in Co-operative Business Management or equivalent qualification; or

          (b)  Chartered / Cost Accountant / MBA (Finance); or

          (c)  Post graduation in any discipline.

Experience : Person shall have a combined experience of at least eight years at the middle / senior management level in the banking sector (including the experience gained in the concerned UCB)

How to Apply : 1. Send hand written application . 2. Detailed CV 3. Latest pass port size photo 4. Attested copies of Academic credentials 5. Experience/service certificate 6. Reliving letter from the past employer 7. Present/past pay structure 8. Expected salary .

The appointment  will be subject to terms & conditions as prescribed by RBI based on “FIT & PROPER “ criteria .

Applications for the post of Managing Director/ Chief Executive Officer should reach by mail on or before 23/02/2024, 5.00 p.m

Mail ID – ecub@eenadubankltd.com

                                                                                                                                                      CHAIRMAN