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"Privacy & protection is guaranteed"   Deposits

Savings Account

  Saving Bank Rules

Opening Of Saving Bank Account

  1. Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.

  2. Only one saving bank account may be opened .

  3. By a person in his/her own name.

  4. By more then one person in thier joint name

  5. By a minor who may be able to read and write & who is not below 14 years of age at the time of opening of the account.

  6. By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.

  7. An account may be opened withminimum of Rs.500 only in cash & the same will be maintaned to keep the account running,balance less than Rs.500,account will be closed at the bank discretion.

  8. Interest rate of 3.50% per annum.

Current Account

  Current Bank Rules

Opening Of Current Bank Account

  1. Any person approved by the bank may open the current bank account agrreing upon to comply with the rules governing the current bank account.

  2. A person intending to open an account must be properly introduced to the bank by someone already known to the bank.

  3. By a person who has attained majority.

  4. By more then one person in thier joint name

  5. Joint hindu families.

  6. Clubs & societies,trusts,executors,administrators,liquidators,Govt. & semi Government bodies etc..

  7. An account may be opened withminimum of Rs.5000 only in cash Rs.50 per transaction be deducted if balance is maintained less than Rs.5000.

  8. No interest will be allowed on current bank.

Fixed Deposit

  Fixed Deposit Rules

Opening Of Fixed Deposit

  1. Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.

  2. Only one saving bank account may be opened .

  3. By a person in his/her own name.

  4. By more then one person in thier joint name

  5. By a minor who may be able to read and write & who is not below 14 years of age at the time of opening of the account.

  6. By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.

  7. An account may be opened withminimum of Rs.500 only in cash & the same will be maintaned to keep the account running,balance less than Rs.500,account will be closed at the bank discretion.

  8. Interest rate of 3.50% per annum.

Recurring Deposit

  Recurring Deposit Rules

Opening Of Recurring Depositt

  1. Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.

  2. Only one saving bank account may be opened .

  3. By a person in his/her own name.

  4. By more then one person in thier joint name

  5. By a minor who may be able to read and write & who is not below 14 years of age at the time of opening of the account.

  6. By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.

  7. An account may be opened withminimum of Rs.500 only in cash & the same will be maintaned to keep the account running,balance less than Rs.500,account will be closed at the bank discretion.

  8. Interest rate of 3.50% per annum.

Re-investment Term Deposit

  Re-investment Term Deposit Rules

Opening Of Re-investment Term Deposit

  1. Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.

  2. Only one saving bank account may be opened .

  3. By a person in his/her own name.

  4. By more then one person in thier joint name

  5. By a minor who may be able to read and write & who is not below 14 years of age at the time of opening of the account.

  6. By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.

  7. An account may be opened withminimum of Rs.500 only in cash & the same will be maintaned to keep the account running,balance less than Rs.500,account will be closed at the bank discretion.

  8. Interest rate of 3.50% per annum.










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