Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.
Only one saving bank account may be opened .
By a person in his/her own name.
By more then one person in thier joint name
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.
By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.
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.
Interest rate of 3.50% per annum.
Current Account
  Current Bank Rules
Opening Of Current Bank Account
Any person approved by the bank may open the current bank account agrreing upon to comply with the rules governing the current bank account.
A person intending to open an account must be properly introduced to the bank by someone already known to the bank.
By a person who has attained majority.
By more then one person in thier joint name
Joint hindu families.
Clubs & societies,trusts,executors,administrators,liquidators,Govt. & semi Government bodies etc..
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.
No interest will be allowed on current bank.
Fixed Deposit
  Fixed Deposit Rules
Opening Of Fixed Deposit
Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.
Only one saving bank account may be opened .
By a person in his/her own name.
By more then one person in thier joint name
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.
By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.
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.
Interest rate of 3.50% per annum.
Recurring Deposit
  Recurring Deposit Rules
Opening Of Recurring Depositt
Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.
Only one saving bank account may be opened .
By a person in his/her own name.
By more then one person in thier joint name
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.
By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.
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.
Interest rate of 3.50% per annum.
Re-investment Term Deposit
  Re-investment Term Deposit Rules
Opening Of Re-investment Term Deposit
Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.
Only one saving bank account may be opened .
By a person in his/her own name.
By more then one person in thier joint name
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.
By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.
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.