Savings Account Interest Rate is 3.5%
* Interest rates are subject to change as per RBI guidelines
Two Type of Accounts :
- With Cheque Book Facility
Personalised cheque Books are provided for drawals. - Without Cheque Book Facility
Drawals are permitted through a withdrawal slip.
Rate of Interest :
- 3.5% P.A on daily balance payable half yearly
(Subject to RBI Guidelines)
Documents required :
- Prescribed Account Opening form
- Two Latest Photographs
- PAN Card Xerox / Form 60, 61 if transactions are above Rs.50,000/-
- Address Proofs (Any one) (Attested true copy)
1) Ration Card.
2) Election Identity Card.
3) Passport.
4) Driving License. - For special categories of the applicants viz : Minors, Lunatics, Pardanasheen woman etc. Specific other requirements to be fulfilled.
Initial Deposit :
- Rs. 500 /- Minimum (Without Cheque Book)
- Rs. 1000 /- Minimum (With Cheque Book)
- Rs. 50 /- Minimum (No Frill Account)