We offer 3% Interest on Savings Bank Deposit as per RBI Directive Application
Customer has to maintain minimum balance or Rs.500/- for Cheque Book facility.
We offer nomination facility for all deposit accounts.
We Open No Frill Saving Accounts.
Customer can open single/joint account and that account can jointly,operate as per instruction like Any one, Jointly, Any two Jointly either or survivor etc.
Customer can open Savings A/c for his/her minor children.
We offer Computerised passbook to our Account holders.
We are member of Deposit Insurance and Credit Guarantee Scheme in which customers deposits are insured up to Rs. 5Lac.
Rules Regulation for Savings Bank Account
Every Depositor must have to fulfill KYC norms as per RBI directive.
The Customer has to give all the valid proof at the time of opening an account under KYC norms as per RBI Guideline.
The Bank management is having right to close the account after notice if account holder do not keep sufficient balance to clear inward cheque or ECS.
The customer must have to preserve his/her cheque book in his custody. The Bank is not responsible for any misuse of cheque book.
Cheque book charges will be debited from the account at the time of issue of cheque book. Other Charges which will be applicable will also be deducted from the account.
Stop payment of particular cheque/s facility is available but the customer has to keep sufficient balance to match the cheque amount then only the cheque will be returned with the reason of stop payment and stop payment charges will be levied from the account.
The Bank is having all rights of appropriation, set off, lien and change the rules and regulation.
No interest will be paid in Current Account.*
* In case of death of any person holding a current account (individual or proprietorship), bank will pay interest from date of death to date of claim as per saving deposit rate applicable as per RBI Norms.
Requirements to open Savings Bank Account
Valid Photo I.D. Address Proof of proprietor / partners /directors
(A) Any one of proof for all partners/ directors or proprietor (Photo Id)
Passport
Driving License
Voter ID Card
Government Approved College/universit I.Card
Government/Semigovernment/Departme I.Card
(B) Address Proof(Any One)
Electricity Bill (not more than 2 months old)
BSNL Landline Telephone Bill (not more than 2 months old)
Municipal Tax Bill
(C) Other proof acceptable by Bank.
Passport Size Photograph 2 Copies
Registration Certificate of firm/shop and establishment/S.S.I /VAT.
Partnership deed
Copy of Memorandum and Articles of Association Latest Form No.32. (For Company Account) / Resolution to operate the account.
