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Savings Bank Account

The facility of Savings Bank Account is meant for cultivating the habit of saving by the individuals for their future needs. The transactions in the SB Account should be of non-business and non commercial nature.

Product features:

  • Eligibility
    Individuals (singly or jointly), Professionals in their individual names, Clubs, Associations, Charitable trusts, Religions Institutions, Government bodies (established under specific Acts) can are eligible to open the Savings Bank Account.
  • Rate of Interest - 4.0% p.a.
    Rs. 1 Lakh and above 5.0 % p.a
  • Nomination facility - available.
  • Cheque Book facility - available
    (For minimum balance, and service charges for not maintaining minimum balance, refer Service Charges)
  • Standing instructions from the customers - executed.