This scheme has been designed to help the individuals to inculcate the habit of saving money and to meet their future needs. Amount can be withdrawn from these accounts by way of withdrawal slips /cheque/ATM.
Initial Deposit for opening Savings Bank Account & minimum balance to be maintained in the account.
With Cheque Book Facility – Rs 1,000/-
Without Cheque Book Facility - Rs 500/-
Facilities offered :–
1. Any Branch Banking facility.
2. NEFT/RTGS facility.
3. Free ATM Card.
4. Personalized Cheque book printing facility
5. SMS banking facility for Balance Inquiry, Statement Details,Transaction Alerts.
INTEREST :-
Interest is calculated @ 4% p.a. on the basis of Daily Product and is credited to the account at half yearly intervals in March and September.