Resolution Framework 2.0
Covid-19 related stress of Individuals and Small Businesses & MSMEs

The Reserve Bank of India vide its circular DOR.No.BP.BC/3/21.04.048/2020-21 dated August 6, 2020 on “Resolution Framework for COVID-19-related Stress” (“Resolution Framework – 1.0”) had provided a window to enable banks to implement a resolution plan in respect of eligible corporate exposures without change in ownership, and personal loans, while classifying such exposures as Standard, subject to specified conditions.

Accordingly a Resolution Framework for COVID-19 related stress was approved by Board on 31.08.2020 (Copy enclosed).

The resurgence of Covid-19 pandemic in India in the recent weeks and the consequent containment measures to check the spread of the pandemic may impact the recovery process and create new uncertainties. With the objective of alleviating the potential stress to individual borrowers and small businesses, the following set of measures are being announced. These set of measures are broadly in line with the contours of the Resolution Framework - 1.0, with suitable modifications.

Highlights
ATM Locator

Main Branch

  • Bhawani Saw Mills Compound, Furniture Bazar, Ulhasnagar – 421003
  • Contact:0251-2572101
  • ATM: Yes

Chopra Court Branch

  • Sadoromal Complex, Near Chopra Court, Ulhasnagar – 421003
  • Contact:0251-2721054
  • ATM: Yes

Ulhasnager – 05 Branch

  • B.G. Tilak School Compound, Near Chaliha Sahib Mandir, Ulhasnagar – 421005
  • Contact:0251-2526060
  • ATM: Yes

BKC Branch

  • Mayur Masala Building, Near Bhagar Kanwaram Chowk, Opp. BK No. 950 Sec.22 Ulhasnagar – 421003
  • Contact:0251-2712072/2706170
  • ATM: Yes

Thane Branch

  • Krishna Niwas, Chharapati Shivaji Society, Groud Floor, Plot No F-3, Kopari Colony, Thane (E) – 400603
  • Contact:022-25323675 / 25323513
  • ATM: Yes
Branches

Main Branch

  • Bhawani Saw Mills Compound, Furniture Bazar, Ulhasnagar – 421003
  • Contact:0251-2572101
  • IFSC: NJBK0790001
  • MICR: 400082443
  • Working Hrs: Mon to Sat - 10:30AM to 4:00PM Sun – 10:30AM to 02:30PM
  • Franking Hrs: Mon to Sat - 10:30AM to 5:00PM
  • Holiday: 2nd & 4th Saturday
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Siru Chowk Branch

  • Shop No 879 & 880, Japani Bazar, Near Siru Chowk, Ulhasnagar – 421002
  • Contact:0251-2721051
  • IFSC: NJBK0790002
  • MICR: 400082458
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM Sun – 10:30AM to 02:30PM
  • Franking Hrs: -
  • Holiday: 2nd & 4th Saturday
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Chopra Court Branch

  • Sadoromal Complex, Near Chopra Court, Ulhasnagar – 421003
  • Contact:0251-2721054
  • IFSC: NJBK0790003
  • MICR: 400082507
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: 2nd & 4th Saturday Sunday Closed
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Ulhasnagar – 01 Branch

  • Guru Plaza, 1st & 2nd Floor, Opp. Police Station, Ulhasnagar – 421001
  • Contact:0251-2721055
  • IFSC: NJBK0790004
  • MICR: 400082589
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: 2nd & 4th Saturday Sunday Closed
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Ulhasnagar – 05 Branch

  • B.G. Tilak School Compound, Near Chaliha Sahib Mandir, Ulhasnagar – 421005
  • Contact:0251-2526060
  • IFSC: NJBK0790005
  • MICR: 400082498
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM
  • Franking Hrs: -
  • Holiday: 2nd & 4th Saturday Sunday Closed
View on Google Map

BKC Branch

  • Mayur Masala Building, Near Bhagar Kanwaram Chowk, Opp. BK No. 950 Sec.22 Ulhasnagar – 421003
  • Contact:0251-2712072 / 2706170
  • IFSC: NJBK0790006
  • MICR: 400082627
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM Sun – 10:30AM to 02:30PM
  • Franking Hrs: -
  • Holiday: 2nd & 4th Saturday
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Ulhasnagar – 04

  • Shop no 54-55, Opp. B K Diagnostics, Main Road, Ulhasnagar-421004
  • Contact:0251-2721050
  • IFSC: NJBK0790007
  • MICR: 400082546
  • Working Hrs: Mon to Sat - 10:30AM to 04:00PM Sun – 10:30AM to 02:30PM
  • Franking Hrs: -
  • Holiday: 2nd & 4th Saturday
View on Google Map

Thane Branch

  • Krishna Niwas, Chharapati Shivaji Society, Groud Floor, Plot No F-3, Kopari Colony, Thane (E) – 400603
  • Contact:022-25323675 / 25323513
  • IFSC: NJBK0790008
  • MICR: 400082644
  • Working Hrs: Mon to Sat - 9:00AM to 3:00PM
  • Franking Hrs: Mon to Sat - 10:00AM to 04:00PM
  • Holiday: 2nd & 4th Saturday Sunday Closed
View on Google Map
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