Account can be opened by
- Individuals singly or jointly
- Professionals in their individual names.
- Clubs, Associations, Charitable trusts, Religions Institutions.
- Government bodies established under specific acts.
B. Rate of Interest: 4.0% per annum on daily product basis.
C. Minimum initial deposit & minimum balance in the account.
- Rs.250/- without cheque book in rural & semi urban branches.
- Rs.500/- without cheque book in urban branches.
- Rs.1000/- with cheque book in rural & semi urban branches.
- Rs.2000/- with cheque book in urban branches.
D. Nomination facility.
E. Service charges for non-maintenance of minimum balance in SB account
- Rs.10/- + S.T. per month.