WHO CAN OPEN AN ACCOUNT:

  An Individual in his/her name
  More than one person jointly (Maximum 4 persons)
  An illiterate person
  A blind / visually Impaired / Incapacitated Persons
  A guardian on behalf of minor in the minor's name
  Charitable/ Religious institutions
  Trust, Clubs, Association, NGO
  Local bodies, all types of Co-operative Societies or any other body
  Staff members
  Student who has completed 14 year of Age.
 
  Initial Deposit for opening Savings Bank Account & minimum balance to be maintained in the account :
   With Cheque Book Facility - Rs.1,000/-
   Without Cheque Book Facility - Rs. 300/-
                               

INTEREST:

Interest will be calculated @ 4% p.a. on the basis of Daily Product and will be credited to the account at half yearly
intervals in March and September.
 

PASS BOOK:

Pass book will be supplied to every savings bank depositor showing the number of his
account  name and  address and transactions with date, amount and particulars.

INCIDENTAL CHARGES:

If a minimum balance of Rs.1000/- (with cheque book facility) or Rs.300/-
(without cheque book facility) is not kept, the bank will charge incidental charges at the
rates as in force from time to time.
Also refer to our Service Charges elsewhere on this site for other incidental charges.

 Requirements for opening Account : :

1) Two copies of latest photographs
2) Proof of residence to the satisfaction of the Bank (passport, Driving Licence, Ration Card, Voters Card, Electricity Bill, etc.)
3) Photo Identity Proof
4) Introduction by person known and acceptable to the Bank
5) Permanent Account Number (PAN) with original for verification or declaration in Form 60/61.
6) Initial deposit in cash
 

GENERAL:

1) Penalty at the rate prescribed will be debited to the account on quarterly basis for non maintenance of prescribed minimum balance.
2) Bank reserves the right to close any account, if cheques drawn are returned unpaid frequently for want of funds or the account is
     considered as irregular/non-satisfactory.
3) Account not in operation for more than two years will be treated as inoperative/dormant account.
4) Bank reserves the right to alter, amend, rescind the rules from time to time.

* for more details contact our nearest branch.

Bank has introduced following New Products under Saving scheme with added features.:-
 

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