Ratnakar Bank

Ratnakar Bank is an old bank established since 1943 in the pre-independence era. It was a bank owned by industrialists at the point in time however, over the years the bank started feeling the need to realise the need for evolution of banking services and the category–wise classification of lower and middle class income groups. It started changing the outlook under the guidance of driving force of Shri. Babgonda Bhujgonda Patil is an illustrious Advocate of Sangli and Shri.Gangaram Siddhappa Chougule, a well-known merchant of Kolhapur. If evolution is the key here then Ratnakar Bank has seen technology growing the fastest over time.

The Ratnakar Bank provides with all types of banking facilities like different types of savings and current accounts. The savings account offers interests of 5.5%, free cheque book facility, free locker deposits with locker nomination facilities, free ATM cards, ATMs at many areas, regions and branches. It offers internet banking facilities with fund transfer options through NEFT and RTGS amenities. It also offers online payment of credit cards bills and other utility bill payment. It also offers investment options and assistance online with other deposits that can be applied for and redeemed online it.

The Savings account at Ratnakar Bank provides with free financial planning and relationship management who can guide the customer with most of money related and investment matters. The current account provides with a minimum balance of Rs 25,000 and other facilities like sweep-in facility and sweep-out facility. The interest rates provided in the current account also differ from the savings account at Ratnakar Bank. Exceed Business Banking is a new facility that free unlimited demand drafts including at partner bank locations, unlimited NEFT/RTGS & fund transfer within Ratnakar Bank accounts, unlimited cash withdrawal from any of our 100+ branches, free unlimited outstation cheque collections including at partner bank locations, free unlimited ATM transactions & no annual charge on platinum debit card, free payable at par cheque books – 100 leaves per month, free internet banking, bill payment facility & e-tax payment of your direct taxes and flexible free limits for cash deposit. This makes it really simple for business individuals to secure a hassle free business banking transaction filled with convenience and comfort that can happen from anywhere.

The bank also makes sure to offer you a plethora of loan and funds for different reasons like the housing, home, cars, vehicles, gold, etc. The bank also offer insurances to their customers, form life insurances to general insurances catering to the need of the customer form time to time. The bank also corporate and institutional banking accounts that serve larger organisation with savings and other business transactions. Being an old bank, the bank has been able to handle agriculture and related queries on agriculture finance and credit. Today they offer various solutions that are tailor made to assists agriculture loans and other
structured credit and loans for small and medium sector enterprises.

The bank offers phone banking SMS banking which are today’s essential requirements for the urban customers always on the go or travelling countries and regions. The bank offers brilliant customer care service with an impeccable staff capable of delivering much more than a customer can think of. One can gibe feedback on http://ratnakarbank.co.in/feedback.aspx and grievances can be redressed on http://ratnakarbank.co.in/grievance-redressal.aspx .

Investors can also get in touch with the bank on http://ratnakarbank.co.in/investor-redressal.aspx .

The headquarters of Ratnakar Bank is
Mahavir, Shri Shahu Market Yard,
Kolhapur – 416005.
Maharashtra State, INDIA.

One can Call us at: 0231 2650981 to 984
Fax: 0231 2657386
9am to 7pm
7 Days a Week
Call at: +91 22 61156300 to 99