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Savings Deposit


 
 
SAVINGS BANK ACCOUNT
Purpose

Savings bank account is opened for the purpose of savings for future financial requirements.

Interest is paid on the balance maintained at the rate specified by the Bank from time to time

Product Features

Features:

  • Any branch banking facility at all the branches
  • Free cheques 50nos per annum
  • Free ATM Rupay Debit card that can be used to access your account at ATMs and shopping across the nation .
  • RTGS / NEFT facility
  • Demand Draft facility
  • Standing instructions
  • Passbook
  • Imps/UPI facility

Eligibility:

The Account can be opened by

  • Individuals
  • More than 1 Person jointly
  • Illiterate person
  • Blind Person
  • Guardian on behalf of minor
  • Charitable / Religious Institutio
  • Trusts, Clubs, Association
  • Local Bodies, Primary Co-op Societies or any other body
  • Staff  

Minimum Balance :

  • With Cheque Book Rs.1000/-
  • Without Cheque Book Rs.500/-

 

Rate of Interest 2.65%
Documents required
  • Duly filled Account opening form
  • K.Y.C form
  • 2 nos Photographs (Passport Size)
  • Introduction
  • PAN Card
  • Residential Proof any one of the following
    • Ration card
    • Electricity Bill (Bring Originals for verification)
  • Photo + Residential proof
    • Passport
    • Election Identity card
    • Aadhar card
    • Driving License (Bring Originals for verification)
  • Additional Documents for Institutions/Trust/Club /Associations / Co-op soc. / Local Bodies
    • Certified copy of resolution
    • List of office bearers
    • Letter from concerned authority to open an account
    • Registration certificate