Deposit Account

Savings Account
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A Savings Account with us allows you to en route all your personal financial transactions in a secure and consistent way, Rate of Interest shall be 3.5% for the present, payable on minimum daily balance of the account in the month. Interest shall be applied in accounts at half yearly intervals in the month of March and September.

Saving Deposit account is easy to open and access, provide moderate interest rates and is great option to save funds in case of need or emergencies.

Features and Benefits

  • Rate of Interest – 3.5% (Half Yearly).
  • Minimum Balance – Rs 500
  • Free Passbooks
  • E-Statements Facility available
  • Nomination Facility
  • SMS Alerts
  • Mobile Application
  • Unlimited transactions without charges

Eligibility

  • An Individual in his/her name
  • More than one person jointly
  • A Guardian on behalf of minor in the minor’s name
  • Clubs, Associations, Trusts

Documentation

  • Application form
  • Address Proof :Aadhar Card, Passport, Electricity Bill, Agreement Copy
  • Identity Proof :Aadhar Card, Passport, Pan Card
  • Introduction from existing account holder
  • Initial Deposit of Rs 500
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