•Any person of twelve years of age can open this account individually or joint with another person/s. Account can be opened in the name of minor with natural guardian.
•Account shall not have the requirement of any minimum balance
•No service charges for non maintenance of the minimum balance.
•50 (Fifty) withdrawals per year free of charge.
•Total credits in a year should not exceed Rs.1,00,000/- lac and balance in the account should not exceed Rs.50,000/- in all accounts taken together.
Nomination facility is available.
•For introduction simplified KYC procedure is applicable. Bank's existing client who has fulfilled full KYC norms can introduce the customer's identity and certify the address.
•Interest at Saving Bank rate i.e. @ 4.00% is allowed.
•Account can be opened in any Branch of Bank.