GSTIN : 32AAATT2863N1Z7
Updates
May the New Year 2022 bring you more happiness, success, love and blessings!

Term Deposits Savings

Term Deposits Savings

  • Saving Bank
    1. A minimum amount of Rs.100/- (Rupees One hundred only) should be remitted while opening an account, and the same should be kept as minimum balance all the time.
    2. Interest will be calculated for Daily balance as on the day end. No interest will be allowed unless the account earns minimum of Rs.5/- per half year. Interest earned would be rounded off to the nearest rupee. Such interest will be credited to the respective account on half yearly basis or at the time of closure of the account. Interest will be calculated at the rate applicable from time to time.
    3. For availing cheque book facility a minimum balance of Rs.500/- is to be kept in the account.
    4. An account that is not being operate continuously for three years will be treated as inoperative accounts. For this purpose interest crediting entry is not treated as a transaction.
    5. Request for closure of account should be in writing. Signed by all the account holder/s and shall submit the pass book and unused cheque leaves, if any, with the request letter for closure.
    6. The Bank reserves the right to close an account if it is not operated satisfactorily, or any other valid reasons. Such as frequent return of cheque for want of funds etc.,
    7. An account in which there are no operation for 3 years and above from the date of last operation, other than by way of any charges debited or interest credited will be treated as inoperative account. In case of account which are inoperative for one year bank will charge a service charge of Rs.10/- per half year and if the balance is less than Rs.20/- bank will be closing the account and appropriating the balance towards service charges without giving any notice to the account holder.
    8. Nomination facility is available for this type of accounts.