Savings Account
A. Account can be opened by :
1. Individuals singly or jointly.
2. Professionals in their individual names.
3. Clubs, Associates, Charitable trusts, Religions Institutions.
4. Government bodies established under specific acts.
| |
Minimum Balance |
| with Cheque book |
without Cheque book A/c. |
| Rural |
250/- |
250/- |
| Semi Urban |
250/- |
250/- |
| Urban |
500/- |
500/- |
Key Benefits
1. Simplest deposit option available to the depositor.
- 2. Easy to operate. Terms and conditions kept lucid to facilitate a layman's understanding. No hidden costs.
- 3. Zero balance/ No Frill account facility( Condition apply ) – Your Savings Bank Account with us remain alive even when the balance reaches zero. This facility is only for salaried employees in Central/ State Govt. Public & Private Limited Companies, Agents of Life & General Insurance Corporations and Students. Even for those receiving compensation from govt. for acquisition of their properties.
- 4. Your deposits are insured by DICGC
- 5. Option for money withdrawal by withdrawal forms or by cheque.
- 6. An ideal option to cultivate the habit of banking and saving amongst the younger generation.
- 7. Provision for nomination.
8. Personal accidental Insurance coverage of Rs. 50,000/- to individual account holder.
Terms & Conditions
- 1. Money can be deposited for any quantum of time; there are no minimum or maximum deposit periods for this offering.
- 2. Documents required:
- # As per Annex-I
- 4. KYC Norms.
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