Basic Savings A/c

find the features of our operative savings account

Learn more about the Normal Interest Bearing Operative Savings Account.

This is the basic starting point for the urban and rural masses to start developing the habit of savings for a brighter future. It gives the customers the benefit of having the convenience of withdrawing money anytime anywhere as well as get good interest on the savings at the same time. Further routine payments can be automatically made by giving standing instructions to the bank. Nomination and Power of Attorney facility is also available.

Product Highlights:

  • Account can be opened with an initial deposit of Rs. 100.00 and for cheque operation Rs. 500.00 (Varies from town to town).
  • Cheque book / Withdrawal operations are optional (Attracts MICR charge at MICR clearing centres).
  • Nomination facility is available.
  • Our Savings Bank Account earns you an interest as referred in Savings Account Deposit Interest Rate, compounded half yearly. It is calculated on daily product basis w.e.f. Apr 01, 2010.
  • Accounts can be operated by Power of Attorney holders.
  • Standing instructions for payments / deposit accounts transfer are accepted.
  • Passbook is available.
  • Free ATM and Debit Card and Access to ATM Facility is available.

Rules and Regulations governing SB Account Operation:

Download the Application Form: