Eligibility

  • Individuals, Joint accounts, Minor accounts, Blind, Illiterates, HUF, Trusts, Executors and Administrators, Schools.,

Minimum balance

  • Rs.500/- without cheque book & Rs.1000/- with cheque book facility. For Senior Citizens –Rs.250/- without cheque book & With cheque book Rs. 500/- only.

Requirements for opening account

  • Application in the Banks’ prescribed form, Proof of identity, Address proof, Passport size photograph.

Interest rate

  • 3.00% p.a.

Periodicity of interest payment

  • Interest is payable quarterly on the daily balance maintained in the account.

Nomination facility

  • Available

Loan aganist SB deposit

  • Not permitted

Other facilities

  • Debit Cum Rupay ATM Card, Pass book/Pass sheet, Free Cheque Books, SMS Alerts, Nomination, Standing Instructions, Cheque Collection, Inter Branch transaction / Any Branch Banking etc

Special features

  • Special discount for purchase of Demand Draft through account.

Application and document

  • Application in the Banks’ prescribed form
  • Specimen Signature Card
  • Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card) Photograph of depositor/s (2 copies)
  • Proof of Identity & address as per KYC Norms
  • Any other related documents applicable to Students, Minor, HUF, Trusts,Association etc.
  • The prospective account holder should be introduced by an existing account holder of the Bank