Head Office: 0253-2216111Info@nzspks.bank.in
Licence No. UBD.MUM(MAH) 0038/P 2009-10 (Dated 16.01.2010)DICGC Insured
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RBI Licensed Urban Cooperative BankReg No. 3107 / Nashik • Updated July 2026

Terms of Use & Security Guidelines

Official terms governing website access, digital banking services, loan agreements, and cyber safety practices of Nashik Zilha Sarkari & Parishad Karmachari Sahakari Bank Niyamit.

Table of Contents

1. Acceptance & Framework2. Banking Accounts & Rules3. Digital Security & Safe Mobile Use4. Loans & Interest Rules5. Fraud Prevention & Customer Protection6. Intellectual Property7. Grievance Redressal

1. Regulatory Status & Terms Acceptance

These Terms of Use & Security Guidelines govern your access to the web portal and digital services of Nashik Zilha Sarkari & Parishad Karmachari Sahakari Bank Niyamit (Licence No. UBD.MUM(MAH) 0038/P 2009-10). By accessing this site, using mobile/internet banking, or maintaining an account with us, you agree to comply with these terms and all applicable RBI regulations and Indian laws.

2. Banking Accounts & Operations

Karmachari Bank primarily serves Nashik district government, Zilla Parishad, and municipal employees as per co-operative society bye-laws:

  • KYC ComplianceAccounts require valid Aadhaar, PAN, and official government employment verification.
  • DICGC Deposit CoverageBank deposits (Savings, FD, RD) are insured up to ₹5,00,000 per depositor by DICGC.

3. Digital Security & Safe Mobile Practices

Protecting your digital credentials is a joint responsibility. Please observe the following mandatory security rules:

NEVER Share OTP / PIN

Bank officials will NEVER call or ask for your MPIN, ATM PIN, Password, or OTP.

Beware of Phishing

Do not click unverified APK download links or suspicious SMS web links claiming account suspension.

4. Loan Sanction & Repayment Rules

All credit facilities (Personal NTL, Home, Vehicle, Gold loans) are governed by sanctioned term sheets:

  • Interest rates are determined by board-approved rate structures and RBI directives.
  • Overdue installments attract a statutory 2% penal interest charge.
  • Salary deduction mandates (Section 49) apply as per employee undertaking.

5. Fraud Reporting & Customer Liability Framework

In accordance with RBI Circular on Customer Protection (Limiting Liability in Unauthorized Electronic Banking Transactions):

Zero Customer Liability: Applies if unauthorized transaction occurs due to bank system breach or reported by customer within 3 working days.

Immediate Card Blocking: Call emergency helpline 0253-2591010 immediately to block lost or compromised RuPay ATM cards.

6. Intellectual Property & Copyright

All logos, branding assets, financial calculators, text, and portal layouts are the exclusive property of Nashik Zilha Sarkari & Parishad Karmachari Sahakari Bank Niyamit. Unauthorized reproduction or scraping is prohibited.

7. Grievance Redressal & Support Desk

For unresolved complaints or terms clarification, reach our Principal Nodal Officer or visit our Customer Care desk: