Savings Account Scheme
Only individuals (Single accounts/ Joint Accounts) are eligible to open accounts under the scheme.
Minors, Illiterate persons are also eligible to open the accounts
KYC documents viz., Two Passport Size Photographs, Aadhar card, PAN card is required to open the account for Proof of Identification and Proof of residence.
Minimum account Balance of Rs. 500/- should be maintained.
Cheque Book facility is available.
CTS Clearing facility is available.
Yes
Yes
E-Statement Facility available (Monthly, Yearly)
Yes (Ex: Gas Subsidy, PM Kissan)
Interest is calculated on day to day balances and interest amount will be credited to the account on quarterly basis.
Nomination facility is available