Savings Bank Account

A Savings Account may be opened by Individuals /Jointly / Minors / Regd. Co-op. Societies / Regd. Public Trusts / HUFs.

Features:

  • Savings Bank Account with Personalized Cheque Book facility.
  • RTGS/NEFT/IMPS/Funds transfer.
  • Nomination facility.
  • Savings bank rate of interest credited half yearly.
  • Rupay Debit card.
  • SMS Alert on each transaction.

Current Account Deposit

A Current Account may be opened by Individuals /Jointly / Minors / Regd. Co-op. Societies / Regd. Public Trusts / HUFs.

Features:

  • Current Account with Personalized Cheque Book facility.
  • RTGS/NEFT/IMPS/Funds transfer.
  • Nomination facility.
  • Rupay Debit card.
  • SMS Alert on each transaction.

Fixed Deposit Account

This account will be opened for a fixed amount of deposit for a fixed tenure at the prescribed rate of interest. This deposit plan offers convenient solutions to both working class as well as senior citizens.

Features:

  • Any Individuals, Firms, Corporate Bodies, Associations etc. are eligible to deposit in this scheme.
  • Account can be opened with a minimum of Rs.500/-
  • Offering extra benefit of 0.5% to senior citizens
  • Interest is Paid Monthly / Quarterly / Half Yearly / yearly or along with principal amount on maturity.
  • Loan granted up to 90% of the deposit amount against the pledge of Deposit Receipt in case of need.
  • Interest on such deposits can be credited to any account, maintained at any other bank-branch specified by the depositor.
  • Your Deposit upto Rs 5,00,000.00 is insured under Deposit Insurance & Credit Guarantee Corporation.

Recurring Deposit Account - RD

Recurring Deposit Account where the customer deposits a fixed monthly installment in the account and is paid the deposited amount along with the interest at the end of the term agreed upon at the time of opening the account.

Features:

  • Minimum Period of deposit is 13 month & above
  • The minimum installment amount should be Rs. 100/-
  • It is mandatory for the depositor to deposit the installment amount every month.
  • Installments may be remitted by Standing instructions by transferring the installment amount each month from the current/ savings accounts / OD accounts in our bank in any branch .The balance in the account should be sufficient to make the transfer, or else the standing instructions won't transfer the amount.
  • The Deposits in this type of account earn compound interest on quarterly basis.
  • Offering extra benefit of 0.5% to senior citizens.

PIGMY Daily Deposit

Pigmy Daily Deposit Account where the customer deposits a fixed amount monthly on daily basis. This deposit scheme is suitable for the needs of one and all, viz. businessmen, professionals, wage earners, teachers, salaried personnel, traders, housewives, etc. Under this scheme, you can save money with us regularly as per your convenience. What’s more? You need not visit the Bank for doing so either. Our authorized Agent collects your savings at your doorstep at regular intervals.

Features:

  • Savings in daily installment at your doorstep.
  • Attractive Interest Rates.
  • Deposit is accepted in daily installments.
  • Fixed period of minimum 13 months.
  • Withdrawl at your will.
  • Productive scheme for business class.