What does ADBL mean in BANKING
Agricultural Development Bank Ltd. (ADBL) is a public sector financial institution that specializes in providing banking and financial services for the agricultural sector. It was established in Nepal on January 1, 1966 with the motto of ‘Prosperity Through Agriculture’. The primary objective of ADBL is to facilitate investment in agriculture and promote its development in terms of productivity and sustainable use of natural resources. It provides various services such as crop insurance, loan disbursement, collateral loans and micro-finance to farmers, agro-processors, rural entrepreneurs and other stakeholders involved in the agricultural industry. ADBL also promotes research and development activities related to agricultural market trends and developments.
ADBL meaning in Banking in Business
ADBL mostly used in an acronym Banking in Category Business that means Agricultural Development Bank Ltd
Shorthand: ADBL,
Full Form: Agricultural Development Bank Ltd
For more information of "Agricultural Development Bank Ltd", see the section below.
What does ADBL Stand for
ADBL stands for Agricultural Development Bank Ltd.- a public sector financial institution that specializes in providing banking and financial services for the agricultural sector.
Meaning of ADBL In Business
In business, ADBL stands for Agricultural Development Bank Ltd., which is a government owned institution that offers specialized financing services to the agricultural sector including crop insurance, loan disbursement, microfinance schemes, etc., with the ultimate goal of promoting economic growth through increased productivity in this industry.
Full form of ADBL
The full form of ADBL is Agricultural Development Bank Ltd., which is a public sector bank based in Nepal that focuses on providing banking and financial services to support agricultural development as well as promoting research and development activities related to market trends across this industry.
Essential Questions and Answers on Agricultural Development Bank Ltd in "BUSINESS»BANKING"
What are the services offered by Agricultural Development Bank Ltd.?
Agricultural Development Bank Ltd. offers a variety of services to its customers, including but not limited to loans, deposits, financial planning and advice, international banking services, and debit cards. ADBL also provides asset management services through its subsidiary companies. Additionally, they offer various other products such as mutual funds, fixed deposits and bonds.
Is there a minimum deposit requirement for an account with ADBL?
Yes, there is a minimum deposit requirement for opening an account with ADBL. The amount varies depending on the type of account chosen. Customers may open savings accounts with a minimum balance of Rs 500 whereas current accounts require at least Rs 10,000 as the initial deposit.
Are there any fees associated with opening or maintaining a bank account with ADBL?
Yes, there are certain charges associated with opening or maintaining a bank account with ADBL. These include annual maintenance fees on savings accounts and transaction fees on current accounts.ADBL also charges fees on other products such as mutual funds or debts based upon the type of product chosen by the customer.
Does ADBL offer any special discounts or benefits?
Yes, ADBL offers several benefits and discounts to its customers. Some examples include waived processing fees on home loan applications, discounted foreign exchange rates for international remittances, rewards points from shopping at partner merchants etc.
How can I access my bank statements from Agricultural Development Bank Ltd.?
Customers can access their bank statements from Agricultural Development Bank Ltd by logging into their online banking platform or using their mobile banking app. They can also request the same in physical form in-branch or via post/courier.
Does Agriculture Development Bank Ltd have an ATM network?
yes ,Agricultural Development Bank Ltd has its own ATM network spread across India which enables customers to withdraw cash conveniently as per their needs without having to visit the nearest branch.
Does Agricultural Development Bank offer credit cards?
Yes, Agricultural Development Bank offers a range of credit cards to suit different customer needs. Credit cards from ADBL come with features such as reward points program and promotional rate offers.
What are the interest rates applicable for loans from Agricultural Development Bank Ltd.?
Interest rates applicable for loans from Agricultural Development Bank Ltd vary according to the type of loan availed and other factors such as customer's credit score etc .For detailed information customers should contact their nearest branch office or call customer service.
Final Words:
Agricultural Development Bank Ltd.(ADBL) is an important public sector finance institution based out of Nepal whose main mission lies within its acronym – To Prosperity Through Agriculture! The diverse range of service offerings from this bank ranging from crop insurance to microfinance schemes continue to be important sources of financing for various stakeholders involved within this sector making sure that there remains no ceilings when it comes to progress!
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