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Personal

Personal - Savings Account

Savings Account - Securing Your Future with Every Deposit

Welcome to our Savings Account page, where our mission of “Fostering Prosperity, Over a Century” drives our commitment to your financial security and independence. As the saying goes, “A valuable lesson often overlooked is that the best time to save money is when you actually have it.” Our Savings Accounts are meticulously designed to help you establish a strong financial foundation for all stages of life. Whether you’re preparing for unforeseen expenses, setting future goals, or striving for overall financial stability, our competitive interest rates and flexible options empower you to manage your finances with confidence. Rely on us to support your journey toward financial success, ensuring that every deposit brings you closer to a prosperous future.

Info

Details

ELIGIBILITY

Individuals, Joint accounts, Minor accounts, Illiterates, Clubs, Societies, Associations, Schools, Trusts

MINIMUM BALANCE

Rs.100/- without cheque book & Rs.250/- with cheque book facility

REQUIREMENTS FOR OPENING ACCOUNT

Application, Proof of identity, Address proof, Introduction, Passport size photograph. The prospective account holder should comply with the Know Your Customer (KYC) norms.

NATURE OF DEPOSIT

Running (Operating) account

INTEREST RATE

4.00% p.a.

PERIODICITY OF INTEREST PAYMENT

Interest is payable half-yearly, every February and August on the daily balance maintained in the account.

SPECIAL RATE FOR SENIOR CITIZEN

Not applicable

SPECIAL RATE FOR BULK DEPOSITS

Not applicable

NOMINATION FACILITY

Available

LOAN AGAINST DEPOSIT

Not permitted

OTHER FACILITIES

Pass book/Pass sheet, Nomination, Standing Instructions, Cheque Collection within Rs.50,000/-.

SPECIAL FEATURES

Special facility of issue of DDs

APPLICATION AND DOCUMENTS

Application, Specimen Signature Card, Photograph of depositor/s (2 copies), Proof of address as per KYC Norms, Any other related documents applicable to Students, Minor, HUF, Trusts etc.