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Savings Bank Accounts

"Savings Bank Account " is deposit providing any time liquidity with interest earnings.


Eligibility
An Individual singly or jointly, H U F, Trust, Societies, Associations etc. can open a savings bank account with a prescribed minimum balance. A minor who has attained the age of 10 years can also open a savings bank account independently.
Interest
Attract interest , presently @ 4.0% p.a. paid at half yearly interval
Tax Deduction at Source No
Nomination Accepted
Transferability Option Available within Bank's Branches.
Other facilities
1)Can be used for secured overdraft facility.
2)Standing Instruction Facility is accepted.
3)Debit cum ATM Card, Mobile Banking, Internet Banking, SMS Services are available.