Savings Account

A savings account is an interest-bearing deposit account that provides a modest interest rate. Open a savings account with us and enjoy competitive interest rates.

How to Open an Account?

Download or obtain Account Opening Form, fill it up properly and deposit with the following:

• Furnish proof of Residence (Ration Card/Passport/Driving Licence/Electricity Bill/Telephone Bill/Identity Card issued by any reputed institution)
• Furnish 2 photographs of all the prospective account holder(s)
• CUSTOMERS HAVE TO FILL IN THEIR INTEREST THE NOMINATION FORM
• Introduction about you from a person known to the bank preferably by an Account Holder of the Branch
• Furnish PAN or Declaration Form as the case may be
• Minimum deposits

Balance to be maintained:

Without Cheque Book Facility: Rs. 500/-

With Cheque Book Facility: Rs. 1000/-

Current Account

The Current Account is designed for businesses and individuals who need to conduct a high volume of transactions.

How to Open an Account?

Download or obtain Account Opening Form, fill it up properly and deposit with the following:

• Furnish proof of Residence (Ration Card/Passport/Driving Licence/Electricity Bill/Telephone Bill/Identity Card issued by any reputed institution)/ Business address
• Furnish 2 photographs of all the prospective account holder(s)
• CUSTOMERS HAVE TO FILL IN THEIR INTEREST THE NOMINATION FORM
• Introduction about you from a person known to the bank preferably by an Account Holder of the Branch, whose account has run satisfactorily at least for the past six months
• Furnish undertakings/ documents/ declarations as applicable
• Furnish PAN or declaration of Form No. 60 / 61 as the case may be
• Minimum deposits. With Cheque Book Facility: Rs. 2000/-

Fixed / Term Deposit

Fixed Deposit products offer liquidity in the shape of Savings / Current deposit funds as well as higher returns as are available on fixed deposit funds.

Product and Benefit

Fixed Deposit products offer liquidity in the shape of Savings / Current deposit funds as well as higher returns as are available on fixed deposit funds. Moreover, there is also an element of flexibility as the depositor can meet funds requirement without losing the interest, since transfer of funds to Savings / Current account is made available as an in-built arrangement whenever required by the depositor. In nutshell, the scheme enables a depositor to get returns on his/her funds as a fixed deposit but at the same time retaining the character of liquidity which is available in Savings Banks/Current Account.

Interest Options

THE CUSTOMER CAN AVAIL INTEREST IN THE FORM OF THREE WAYS:

• Monthly
• Quarterly
• Cumulative Scheme

Eligibility

Preferably customer will have to open an operative Account (Savings or Current) under the Scheme (Fixed Deposit), if not maintaining one already. Fixed Deposit accounts shall be opened either singly or jointly. To avail Fixed Deposit products, Staff, Ex-staff, and Senior Citizens will have to maintain accounts under this scheme. Senior Citizens, will get higher rate of interest on their deposit.

Recurring Deposit

Recurring Deposit allows you to deposit a fixed amount every month and earn interest at the rate applicable to Fixed Deposits. It is an ideal investment tool for those who want to save regularly and earn a decent return on their savings.

Features

• Regular monthly deposits
• Competitive interest rates
• Loan facility available against RD
• Nomination facility available
• Flexible tenure options

For more details, please visit the branch or contact us.