Savings Bank Account

Saving Bank Account

Minimum Amount:

i. Rs.1000/- for SB A/cs with a chequebook facility, for all category of branches.

ii.Rs. 500/- for SB A/cs without cheque book facility in case of Urban Branches & semi-urban and Rs. 250/- for Rural branches.

Penal Charges for non-maintenance of minimum balance:

Rs.25/-+GST per month for SB A/c.(Auto debit in CBS)

Not applicable to:
a)Staff & Govt. deposit A/c.
b)Pensioners
c)Ex-employees of our Bank.
D)PMJDY/  No Frill accounts

Rate of Interest: 4.00% simple interest.

Charges for closure of SB/Current A/cs

Irrespective of age of the A/c, Rs. 50/- for SB A/c & Rs. 100/- for Current A/c+GST.

Exemption:

*For the transfer of SB A/cs from one Branch. to another.
*Death of depositor.

Handling charges for Bills/Cheques returned unpaid:(For local/CTS clearing)

Cheques issued by our Account holders but returned unpaid by us through clearing or across the counter for want of funds – Rs. 100/-+ GST

Cheques deposited by our customers to the credit of their accounts with us but returned unpaid by other Bank – Rs 100/-+GST