Terms & Conditions


This document is an electronic record in terms of Information Technology Act, 2000 and rules there under as applicable and the amended provisions pertaining to electronic records in various statutes as amended by the Information Technology Act, 2000. This electronic record is generated by a computer system and does not require any physical or digital signatures.

This document is published in accordance with the provisions of Rule 3 (1) of the Information Technology (Intermediaries guidelines) Rules, 2011 that require publishing the rules and regulations, privacy policy and Terms of Use for access or usage of website.

The domain name www.newindiabank.in (hereinafter referred to as "Website") is owned by NEW INDIA CO-OPERATIVE BANK LIMITED a Bank registered under Multi State Co-operative Societies Act, 2002, having its registered office at New India Bhavan, Anant Vishram Nagwekar Marg, Babasaheb Worlikar Chowk, Prabhadevi, Mumbai 400 025, India (hereinafter referred to as "NICB").

Your use of the Website and services and tools are governed by the following terms and conditions ("Terms of Use") as applicable to the Website including the applicable policies which are incorporated herein by way of reference. If you transact on the Website, you shall be subject to the policies that are applicable to the Website for such transaction. By mere use of the Website, You shall be contracting with NEW INDIA CO-OPERATIVE BANK LIMITED and these terms and conditions including the policies constitute your binding obligations, with the NEW INDIA CO-OPERATIVE BANK LIMITED.

For the purpose of these Terms of Use, wherever the context so requires "You" or "User" shall mean any natural or legal person who has agreed to visit the Website by providing Registration Data while registering on the Website as Registered User using the computer systems. NEW INDIA CO-OPERATIVE BANK LIMITED allows the User to surf the Website without registering on the Website. The term "We" , "Us" , "Our" shall mean NEW INDIA CO-OPERATIVE BANK LIMITED.


Terms of usage of the website:
You understand and accept that New India Co-operative Bank Limited maintains the web-site http://www.newindiabank.in and any others from time to time [going ahead referred to as the “Site” or “the bank website”] to provide visitors with in preventing about New India Co-Operative Bank Limited, its services and products and to facilitate communication with and availing its services.

You further also accept that visitors to the Site are required to read the below terms, and use of the Site constitutes my acceptance and agreement to be bound by such terms, and the changes therein to the Website Usage Terms from time to time, relating to my usage of the website as communicated and made available on the Bank’s website. You are aware and accept that all in preventing. Content, materials, products [including, but not limited to text, content, photographs, graphics, video and audio content) on the website is protected by copyright in the favour of NICB under applicable copyright laws and is also protected otherwise under general intellectual property law. You understand and accept that alt in preventing submitted by me through the NICB website shall be deemed the property of NICB, and the Bank shall be free to use any ideas, concepts, know-how or techniques provided by me at the Site, in any manner whatsoever. On initiating a contact through the Bank website you agree to being contacted by the bank or any other entities with whom the bank has entered into an arrangement.

You further agree that you shall not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, transmit, license, create derivatives from, transfer or in any way exploit any part of any in preventing, content, materials, services available from or through the bank website, except that which you may download for your own personal, non-commercial use. You further agree that you will not use the bank website for any purpose that is unlawful, or prohibited by these Website Usage Terms.

You further agree that you shall not use the bank website in any manner that could damage, disable or impair the website or interfere with any other party’s use or enjoyment of the website. You acknowledge that the software and hardware underlying the bank Website as well as other Internet related software which are required for accessing the website are the legal property of the respective Vendors/Bank. The Permission given by the Bank to access the bank website will not convey any. You understand and accept that not all the products and services offered on this website are available in all geographic areas and you may not be eligible for all, the products or services offered by New India Co-Operative Bank Limited on the Site. New India Bank reserves the right to determine the availability and eligibility for any product or service. You are aware that the NICB proposes to use “cookies” [Cookies are small data files that a website stores on my computer. for storing visitor preferences, profiting visitors and tracking visitor behavior on the bank website. By visiting the website you acknowledge, accept and expressly authorize the Bank for the placement of cookies on my computer. You understand and accept that New India Co-Operative Bank Limited is not responsible for the availability of content or other services on third party sites linked from the bank website.

You are aware that my access of hyperlinks to other internet sites are at your own risk and the content, accuracy, opinions expressed, and other links provided by these sites are not verified, monitored or endorsed by NICB in anyway. NICB does not make any warranties, and expressly disclaims alt warranties express or implied, including without limitation, those of merchantability and fitness for a particular purpose, title or non-infringement with respect to any in preventing or services or products that are available or advertised or sold through these third party websites.

The Bank shall not be liable if any transaction does not fructify or may not be completed or for any failure on part of the Bank to perform any of its obligations under these terms and conditions or those applicable specifically to its services/facilities if performance is prevented, hindered or delayed by a Force Majeure event [defined below] and in such case its obligations shall be suspended for so long as the Force Majeure event continues.” Force Majeure Event” means any event due to any cause beyond the reasonable control of the Bank, including without limitations. unavailability of any communication systems, breach, or virus in the processes or payment or delivery mechanism, sabotage, fire, flood, explosion, acts of god, Civil commotion, strikes or industrial action of any kind, riots, insurrection, war, acts of government, computer hacking, unauthorized access to computer data and storage devices, computer crashes, malfunctioning in the computer terminal or the systems getting affected by any malicious, destructive or corrupting code or program, mechanical or technical errors/failures or power shut down, faults or failures in telecommunication etc.

You understand and accept New India Co-Operative Bank Limited has the absolute discretion to amend or supplement any of the Website Usage Terms at any time and wilt give prior notice of 7 days for such changes. The changed Terms and Conditions shall be communicated to you on the Bank’s website and by other acceptable modes of communication. By using the services, you shall be deemed to have accepted the changed Website Usage Terms. You accept that the Courts in Mumbai alone shall have exclusive jurisdiction as regards any claims or matters arising out of dealings with New India Co-Operative Bank Limited, and all disputes will be governed by the laws of India. You understand and agree that these Website Usage Terms are in addition to, and not in derogation of, the applicable Terms and Conditions relating to my usage of any other NICB services that you may be currently availing or may in the future avail, including without Limitation the Net-Banking service.