SAVINGS BANK ACCOUNT
Providing Savings Account facilities for Co-operative Societies/Institutions, Individuals and other firms, Public and Private Limited Companies, HUF, Trust, Government and Semi Government Departments.
Documents required for account opening
1) Co-operative Societies/Institutions, other firms, Company, Trust,HUF, Government and Semi Government Departments.
- Application in the Bank’s prescribed form.
- Certificate of commencement of business.
- Partnership deed
- Certificate of Incorporation and the resolution of the Board of management.
- License copy
- Permanent Account Number
- Authorized officials ID proof , 2 photos and PAN
- Necessary information required by the Bank.
2) Individuals
- Application in the Bank’s prescribed form.
- Two Passport size Photographs
- Aadhar card Xerox
- Permanent Account Number
- Address proof – Pass port, Driving Licence, Voter ID, aadhar
3) Account Advantage and Features
- Nomination facility is available on Individual Customers
- Joint accounts can be opened.
- Minor accounts
- Pass books are supplied free of charges for first time.
- Minimum Account Balance is Rs. 500/-
- For Cheque book holders Minimum Account Balance Rs.1000/- should be maintained.
- ATM card for Individual customers
- Faster Transfer of Funds.
- Demand drafts and Pay order
- Mobile Banking Service
- Interest is paid every six months
- PMJBY and PMSBY facility
- Standing instructions, Collection of Local and outstation cheques