General Information
Simplest Deposit available to depositor.
Easy to Operate. Terms and Condition are simple to understand to facilitate layman's understanding.
Any individual or society to save from their earnings or to plan for future financial requirements can open Saving Account
Deposit is insured by DICGC.
Option for money withdrawal by withdrawal forms or by cheque, ATM and through Business Correspondents.
Interest is payable as per RBI norms.
Minimum balance Rs.1000 for Saving Account with Cheque book and Rs.500 for saving account without cheque book facility.
Minor not below 14 years of age can also open an independent savings account without cheque book facility.
Interest Rate
Saving Bank Account - 3.50%.
Eligiblity
Resident Indian, Self Help Group or a Co-operative Society.
Document Required
Applicants must satisfy the following documentation requirements:
Identity proof (PAN, EC Card, Driving Licence, Passport).
Passport Size Photograph - 2.
Proof of residence address.
Introduction as per bank norms.
Note: Mandatory to provide Permanent Address Proof.