An Individual in his/her name
More than one person jointly.
An illiterate person
A blind/visually impaired person/incapacitated person.
A guardian on behalf of minor in the minor's name
Self Help groups
Registered Partnership firm
Private limited company
Public limited company
Registered Association of persons
Quasi Government Institutions
Clubs, Association (only if registered)
Local bodies, all types of Co-operative Societies or any other body
Interest will be paid on the deposits at the rate in force from time to time.
Bulk depositor (Deposit amount of Rs.15.00 Lakhs and above) and Senior Citizen will get 0.50% above the rate of interest offered to normal depositor for all types of schemes of deposit.
In case of loss of original Fixed Deposit Certificate the depositor would have to intimate the Bank immediately. On an application satisfying the prescribed rules the certificate indicating the particulars of the deposit will be issued to the depositor. The Bank will charge Duplicate Certificate at such rates as in force from time to time.
For non cumulative deposit 80% and for cumulative deposit 70% Loan against deposit amount is available at 2% spread. (Provided monthly/quarterly interest of non cumulative deposit will be transferred to loan account instead of saving/current account of the depositor)
Nomination facility is available for all types of term deposit schemes for deposits of individual persons & proprietary firms only.
If nomination facility is not availed by the depositor, in case of death of depositor, survivors / legal heirs of depositor will have to submit Affidavit & Indemnity or Succession Certificate obtained from the court as applicable to conditions mentioned in the policy of the bank. It is applicable to all types of saving accounts with the bank.
The rate applicable for before maturity closure of deposit would be 2% less than the rate applicable for the actual tenure for which the deposit was in force with the bank(applicable rate of interest - as on the date on which deposit has kept.)
Pass book will be supplied to every savings Bank depositor showing his/her account number, Name, address, details of nominated person if registered and if so desired by the depositor, transactions with date, amount and particulars.
Refer to our Service Charges elsewhere on this site for incidental charges.
Without Cheque Book Facility - Rs. 500/-
With Cheque Book Facility – Rs.1500/- (No cheque book charges)
Account opening application form in prescribed format of bank.
Four copies of latest photograph of depositor
Permanent Account Number (PAN) with original for verification or declaration in Form 60/61.
Proof of residence to the satisfaction of the Bank :
Copy of Driving License, Aadhar Card, Voter ID Card, NAREGA Card, Identity card issued by reputed employer, Latest Electricity Bill/Telephone bill etc.
(Any one of the above documents with original for verification)
Photo Identity Proof :
Copy of Passport, Driving License, Aadhar Card, Voter ID Card, NAREGA Card
(Any one of the above documents)
For students account bona fide certificate and Adhar card.
Initial Deposit In Cash
Free Rupay ATM Cum Debit Card
POS, E com through ATM cum debit Card, RTGS/NEFT transfers.
Nomination Facility : Nomination facility is available.
If nomination facility is not availed by the depositor, in case of death of depositor, survivors/ legal heirs of account holder will have to submit Affidavit & Indemnity or Succession Certificate obtained from the court as applicable to conditions mentioned in the policy of the bank. It is applicable to all types of saving accounts with the bank.
Bank reserves the right to close any account, if cheques drawn are returned unpaid frequently for want of funds or the account is considered as irregular/non-satisfactory.
Account not in operation for more than 2 years will be treated as inoperative/dormant account and charges will be debited half yearly (Refer to our Service Charges elsewhere on this site for incidental charges.)
Bank reserves the right to alter, amend, and rescind the rules from time to time