Savings/Flexi Savings
17 Jan 2019 17:42:13
Savings Deposit Account:-
- Account can be opened by an individual, HUF with a minimum amount of Rs.500/- and with chequebook by Rs.1000/-.
- Nomination facility is available and recommended.
- ATM can be issued to the depositor for withdrawing the money.
- Lots of flexibility for deposits and withdrawal of funds from the account.
- Personal Accident Insurance of Rs. 50000/- available at an annual Premium of Rs. 9/- only.
- Interest earned up to Rs 10,000 in a financial year on Saving Bank accounts are exempted from tax.
- On ATM 5 transactions are free in a month, after that Rs.27 per transactions will be charged. Transactions will include balance enquiry as well.
Requirement for opening SB account:-
- 2 Photo
- Completion of Know Your Customer formalities
ID Proof : ( Any one required )
- Passport,
- PAN card,
- Election Card,
- Driving Licence,
- Aadhar card etc.
Where the photo has been affixed and self-attested by the applicant.
Address proof : ( Any one required )
- Ration Card,
- Electricity Bill,
- Telephone Bill,
- Credit card statement,
- Salary Slip with address,
- Bank account statement with address,
- address authenticated by the employer etc.
where address has been given.
- In case of HUF constitution of HUF.
- PAN CARD in case of cash deposit of Rs. 50000 and above is required.