The objective of this facility is to cultivate the saving habit among the small depositors. The transactions are of non-business and non-commercial nature. All Individuals singly or jointly, Professionals, Clubs, Associations, Charitable Trusts, Religious Institutions, Government bodies established under specific Acts are eligible to open these accounts.

The rate of intrest is as below

Rate of interest paid on Savings Account w.e.f. 27-08-2024

Details

Rate of Intrest

Account Balance (Daily Product basis)<= 1 Lac

2.65%

Account Balance (Daily Product basis)> 1 Lac

2.70%

Nomination and Cheque Book facility is available. Standing instructions are executed as per the stipulated service charges are applicable for not maintaining minimum balance.

Basic Saving Bank Deposit Account

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Small Account

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