ELIGIBILITY
Individuals, Joint accounts, Minor accounts, Illiterates, HUF, Non-corporate bodies, Clubs, Societies, Associations, Schools, Trusts, Executors/ Administrators, Govt. bodies, Semi-Government Departments, Recognized PF Accounts, Capital Gains Accounts

MINIMUM BALANCE
Rs.500/- without cheque book & Rs.1000/- with cheque book facility in Metro/Urban; Rs.100/- without cheque book & Rs.500/- with cheque book in Semi-urban/Rural Branches

REQUIREMENTS FOR OPENING ACCOUNT
Application, Proof of identity, Address proof, Introduction, Passport size photograph.

NATURE OF DEPOSIT
Running (Operating) account

INTEREST RATE
3.50% p.a.

PERIODICITY OF INTEREST PAYMENT

• Interest is payable half-yearly, every February and August on the daily balance maintained in the account.
• Any individual can open savings bank account singly or jointly. SB Account of minors can be opened jointly with natural guardian/legal guardian. The applicant should furnish identity and address proof as given in account opening form (CIF for individuals), two photographs & PAN number/Form No. 60/61 while opening new account. In case the customer is unable to give any documentary proof of identity & address, to the satisfaction of the bank, the account can be opened with the introduction from existing account holder who has been subjected to full KYC procedure & having satisfactory operations in the acc