A savings account is a deposit account held at a retail bank that pays interest. It's safest and best way to save money for unexpected expenses and for future use. You also get paid interest amount based on the balance available in your account.
Rate of Interest - 3% Click Here
Purpose - Savings bank account is opened for the purpose of savings for future financial requirements. Interest is paid on the balance maintained at the rate specified by the Bank from time to time
Features -
♦ Any branch banking facility at all the branches
♦ cheques ( ECS)
♦ ATM Rupay Debit card that can be used to access your account at ATMs and shopping across the nation.
♦ RTGS / NEFT facility
♦ Standing instructions
♦ Passbook
Eligibility :
The Account can be opened by
♦ Individuals
♦ More than 1 Person jointly
♦ Illiterate person
♦ Blind Person
♦ Guardian on behalf of minor
♦ Charitable / Religious Institution
♦ Trusts, Clubs, Association
♦ Local Bodies, Primary Co-op Societies or any other body
♦ Staff
Minimum Balance :
1. With Cheque Book Rs.1000/-
2. Without Cheque Book Rs.500/-
Documents Required
1. Duly filled Account opening form
2. K.Y.C form
3. 2 nos Photographs (Passport Size)
4. Introduction
5. PAN Card
Residential Proof any one of the following
1. Ration card
2. Electricity Bill (Bring Originals for verification)
Photo + Residential proof
1. Passport
2. Election Identity card
3. Aadhar card
4. Driving License (Bring Originals for verification)
