A savings account is a deposit account held at a retail bank that pays interest These accounts let customers set aside a portion of their liquid assets while earning a monetary return.
» Resident Individuals (sole or joint account)
» Hindu Undivided Families.
» Minors above the age of 10 years are eligible to open self-operated minor account and an ATM/Debit card can be issued to the Minor.
2. FEATURES & BENEFITS:
» Debit Card issued with ATM withdrawal limit of Rs 0.40 lac /day & PoS transaction limit of Rs .40 lacs/day.
» M-banking facility.
» Interest is calculated on the daily product basis and compounded quarterly.
» Nomination facility available.
» Minimum AMB of Rs. 500/- for General SB A/C without Cheque Book facility.
» Minimum AMB of Rs. 1000/- for General SB A/C with Cheque Book facility.
» Application Form duly filled in.
» Photograph of depositor/s (2 copies)
» Officially Valid Documents as per KYC Norms
» PAN Card or Form 60 or 61
» Any other related document applicable to Minors, etc.
4. RATE OF INTEREST (SUBJECT TO CHANGE) :