My father has deposited more than 1.5 lakh in Urban co-ops Bank Bhubaneswar and now the bank is closed,
Can you please let me know the process of withdrawal in this type of situation.
I C Naik
If the UCB is closed, how can any amount be received? Many UCBs are going bankrupt thanks to the managements of UCBs. Only possibility is Insurance may fructify and maximum you can expect is one lac for which you have to do nothing.