Account Services
SAVING ACCOUNT
Regular Saving Account
· We offer 3.25% Interest on Savings Bank Deposit as per RBI's Directive.
· Customer has to maintain minimum balance or Rs.1000/- for Cheque Book facility.
· We also open zero balance saving account with certain conditions/ limited transaction.
· We offer nomination facility for all deposit accounts.
· Customer can open single/joint account and that account can be operated as per instruction like Any one, Jointly, Any two Jointly either or survivor etc.
· Customer can open Savings A/c for his/her minor children.
· We offer Computerized passbook to our Account holders.
· We are member of Deposit Insurance and Credit Guarantee Scheme in which customers deposits are insured up to Rs. 5 Lac.
Rules & Regulation for Savings Bank Account
· Very Depositor must have to fulfill KYC norms as per RBI directive.
· The Customer has to give all the valid proof under KYC norms at the time of opening an account as per RBI Guideline.
· Guardian can open Minor's Savings Account. Birth Proof of Children is required.
· The Bank's management having the right to close the account after notice if account holder do not keep sufficient balance to clear inward cheque or ECS.
· The customer must have to preserve his/her cheque book & passbook in his custody. The Bank is not responsible for any misuse of cheque book & pass book.
· Interest on Savings deposit is calculated on daily balances as per RBI's directives.
· The customer without cheque book facility will be given withdrawal form at the time of payment. The withdrawal form will be given to the account holder only and only at the time of payment.
· The Passbook should be accompanied with the withdrawal form.
· Stop payment of particular cheque/s facility is available but the customer has to keep sufficient balance to match the cheque amount then only the cheque will be returned with the reason of stop payment and stop payment charges will be levied from the account.
· The Bank is having all rights of appropriation, set off, lien and change the rules and regulation.
Requirements to open Savings Bank Account
· Valid Photo I.D. & Address Proof
(A) Any one of proof (Photo I.D.)
1.Passport
2.Driving License,
3. Voter ID Card
4. Government Approved College/university I-Card
5. Government/Semi government/ Department I-Card
6. Aadhar Card
(B) Address Proof(Any One)
1. Electricity Bill (not more than 2 months old)
2. BSNL Landline Telephone Bill (not more than 2 months old)
3. Municipal Tax Bill
4. GSPC Gas Bill
5. Latest LIC Premium receipt
· Other proof acceptable by Bank.
· Passport Size Photograph - 2 Copies
· Pan Card
· Birth Certificate for minor account
· Introduction from Existing account Holder
Regular Current Account
· Customer can open Current Account with minimum balance or Rs.1000/-.
· We offer 15,30,60,90 pages cheque book.
· We offer nomination facility for all individual accounts and proprietary concern accounts.
· Customer can open joint account and that account can be operated as per instruction like Any one, Jointly, Any two Jointly either or survivor etc.
· We offer Monthly, Half yearly, Yearly and periodical Statement to our Customers for their reconciliation purpose or any other purpose.
· We are member of Deposit Insurance and Credit Guarantee Scheme [DICGC] in which customers deposits are insured up to Rs. 5 Lac.
Rules & Regulation for Current Bank Account
· Every Depositor must have to fulfill KYC norms as per RBI directive.
· The Customer has to give all the valid proof at the time of opening an account under KYC norms as per RBI Guideline.
· The Bank's management is having right to close the account after notice if account holder do not keep sufficient balance to clear inward cheque or ECS.
· The customer must have to preserve his/her cheque book in his custody. The Bank is not responsible for any misuse of cheque book.
· Cheque book charges will be debited from the account at the time of issue of cheque book. Other Charges which will be applicable will also be deducted from the account.
· Stop payment of particular cheque/s facility is available but the customer has to keep sufficient balance to match the cheque amount then only the cheque will be returned with the reason of stop payment and stop payment charges will be levied from the account.
· The Bank is having all rights of appropriation, set off, lien and change the rules and regulation.
· No interest will be paid in Current Account.
Requirements to open Current Bank Account
· Valid Photo I.D. & Address Proof of proprietor / partners / directors
(A) Any one of proof for all partners/ directors or proprietor (Photo Id)
1.Passport
2.Driving License
3.Aadhar Card
4.Voter ID Card
5.Government Approved College/university I.Card
6.Government/ Semi-Government/ Department I-Card
(B) Address Proof(Any One)
1. Electricity Bill (not more than 2 months old)
2. BSNL Landline Telephone Bill (not more than 2 months old)
3.Municipal Tax Bill
· Other proof acceptable by Bank.
· Passport Size Photograph - 2 Copies
· Registration Certificate of firm/shop and establishment/S.S.I /VAT.
· Partnership deed along with firm registration certificate if registered.
· Copy of Memorandum and Articles of Association & Latest Form No.32. (For Company Account) / Resolution to operate the account.
· Pan Card(proprietor / partners / directors/ company) with forwarding letter
· Introduction from existing Account Holder