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ELIGIBILITY
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Individuals, Joint accounts, Minor accounts, Illiterates, HUF,
Non-corporate bodies, Clubs, Societies, Associations, Schools, Trusts,
Executors/Administrators, Govt. bodies, Semi-Govt. Departments, Recognised PF
A/cs, Capital Gains Accounts
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BALANCE IN THE ACCOUNT
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Minimum average monthly balance of Rs.50,000/-
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NATURE OF DEPOSIT
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Running (Operating) account
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PERIODICITY OF INTEREST PAYMENT
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Interest is payable half-yearly, every February and August on the daily balance maintained in the account.
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SPECIAL RATE FOR SENIOR CITIZEN
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Not applicable
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SPECIAL RATE FOR BULK DEPOSITS
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Not applicable
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VALUE ADDED FACILITIES
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DD facility at 50% concession i.e. Re.1/- per Rs.1000/- or part thereof
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Funds transfer under NEFT and RTGS(Canspeed) at 50% concession
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Free Debit Card (as per Bank's rules for issue of Debit Cards)
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Issue of free Credit Card to the 1st account holder (for others as per existing
rules of the Bank)
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Waiver of demat account opening charges
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Free Anywhere Banking (AWB) facility
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Sweep-in Sweep-out facility: Sweep-in into term deposit of amounts beyond
Rs.1,00,000/- at the request(one time) of the customer mentioning the tenor of
the term deposit.
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Name printed cheque book.
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Free funds transfer facility through our Internet Banking
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Free Telebanking facility
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No ledger folio charges.
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NON MAINTENANCE OF AVG. MONTHLY BALANCE
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In case of non-maintenance of average monthly balance of Rs.50,000/- during the month, the concessional facilities provided under the scheme
will be withdrawn from the succeeding month by sending a notice of withdrawal
of concessional facilities.
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APPLICATION AND DOCUMENTS
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Application
Specimen Signature Card
Form 60 or 61 (if customer does not have PAN Card)
Photograph of depositor/s (2 copies)
Proof of address as per KYC Norms
Any other related documents applicable to Students, Minor, HUF, Trusts etc.
For existing customers CUSTOMER REQUEST only be obtained.
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