Established in 1922, we are in serving in Akki Alur,Dist.Haveri Karnataka, with an experience of more than 99 years in the field of banking.
We have been serving clients ranging from individuals, firms, and trusts and corporate.

Reserve Bank Licence No.UBDKA-965 Dt. 10-2-1988
Reg.No. 22452/1962 Dtd.: 19-01-1962
IFSC : UTIB0SAUB01
MICR : 581896501

Our founding Chairman


Responsive image

Lingappa Basappa Kubihaal

1922-1943

Facilities


Deposits
Kalpavrukhsa Cash Certificate Deposit (KCC Deposit)
Cumulative Deposit (RD)
Pigmy Deposit (Daily Deposit Collection / DDC)
Savings/Current Account
Fixed Deposit

INTEREST RATES for DEPOSITS WEF 11.02.2023
30 Days to 45 Days 4.50%
46 Days to 90 Days 5.50%
91 Days to 180 Days 6.00%
181 Days to 364 Days 6.25%
1 Year and Above 6.50%
Senior citizen 2% extra
Savings Bank Deposits 3%


Loans
Mortgage Loan
Warehouse Receipt Loan
Personal Loan
Vehicle Loan
Home Loan
Business Loan
Gold Loan

INTEREST RATES for LOANS
CC & Hypothecation 14%
Deposit Loans
Vehicle Loan 12.00%
Gold Loan 9.99%
Surety Loan 14%
Mortgage Loan 14% extra
House Construction Loan 9.90%
Staff Loan
Godown Loan/ Warehouse Receipt Loan 14%


Services
Interest Rates on Deposits
Interest Rates on Loans
Safe Deposit Lockers
Additional Interest for Senior Citizens on Deposits
Collections of Cheques, bills, Hundies etc.
Bill discounting for traders
Customer care

Charges


NAME OF LOAN CHARGES
CASH CREDIT LOAN
  • 1% INCIDENTAL CHARGES ON LOAN AMT
  • 18% GST ON INCIDENTAL CHARGES
  • 2.5% SHARE ON LOAN AMT
SURIETY LOAN
  • 1% INCIDENTAL CHARGES ON LOAN AMT
  • 18% GST ON INCIDENTAL CHARGES
  • 5% SHARE ON LOAN AMT
GODOWN LOAN
  • 1% INCIDENTAL CHARGES ON LOAN AMT
  • 18% GST ON INCIDENTAL CHARGES
MORTGAGE LOAN
  • 1% INCIDENTAL CHARGES ON LOAN AMT
  • 18% GST ON INCIDENTAL CHARGES
  • 2.5% SHARE ON LOAN AMT
GOLD LOAN
  • 0.5% INSURANCE ON GOLD VALUE
  • 18% GST ON INSURANCE
  • 0.15% SARAF VALUATION CHARGE SUBJECT TO THE MINIMUM OF RS 20
OD ON GOLD LOAN
  • 1% INCIDENTAL CHARGES ON LOAN AMT
  • 18% GST ON INCIDENTAL CHARGES
  • 0.15% SARAF VALUATION CHARGE SUBJECT TO THE MINIMUM OF RS 20/-
VEHICLE LOAN
  • 1% INCIDENTAL CHARGES ON LOAN AMT
  • 18% GST ON INCIDENTAL CHARGES
  • 2.5% SHARE ON LOAN AMT
  • 0.225% DD COMMISSION PLUS 18% GST
  • STAMP PAPER RS 500/- FOR LOAN AGREEMENT
  • 0.5% STAMP DUTY ON LOAN AMT
  • RS 350/- B-EXTRACT
HOUSE CONSTRUCTION LOAN
  • 1% INCIDENTAL CHARGES ON LOAN AMT
  • 18% GST ON INCIDENTAL CHARGES
  • 2.5% SHARE ON LOAN AMT
CHEQUE BOOK CHARGE
  • SAVING BANK A/C 59/-
  • CURRENT A/C 118/-
  • CASH CREDIT 118/-
  • OD ON GOLD LOAN 118/-
Other Charges
DUPLICATE PASS BOOK 59/-
NOC CHARGE 59/-
SMS CHARGE ANNUALLY 59/-
FOLIO CHARGES ANNUALLY 118/-

Our Leadership

Shri Shanmukhappa S. Muchchandi

Chairman

Shri Sidramappa C. Virupannavar

Vice Chairman

Our Board of Directors

Shri Mallikarjun M. Kambali

Director

Shri Basavaraj M. Kori

Director

Shri Verabhadrappa V. Uppin

Director

Shri Banappa H. Lamani

Director

Smt Kavita F. Kanneshwar

Director

Smt Vidya P. Mirji

Director

Shri Nagaraj M. Virupannavar

Director

Shri S. S. Bammigatti

CEO

Our Staff

Shri S. S. Bammigatti

CEO

Smt Vidya B. Goudappanavar

Accountant

Shri V. R. Shirur

Senior Assistant

Kumari Daneshwari Maragur

Junior Assistant

Kumari Aishwarya Javali

Junior Assistant

Shri N. B. Sindhur

Pigmy Agent

Shri V. R. Kollavar

Attender

Press Releases


1. Annual Report Balance Sheet 2022-23

2. Centenary Celebration Invitation - 9th September 2023

Contact Us

Akki Alur
Dist: Haveri, Karnataka

support@akkialururbanbank.com

08379-261238/261838

Working Hours : 10.30 am to 2.30 pm, Lunch Break 2.30pm to 3.30 pm, 3.30pm to 4.30 pm transactions hours, 4.30pm to 6.00 pm office work and close