| The following are eligible to open a Super Saver Account |
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Resident Individual (sole or joint account)
Hindu Undivided Family |
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A minimum amount of Rs 25,000/- for a minimum tenure of 6 months is required to open a Super Saver Account, in addition to a Zero Balance Savings Account. |
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Only Senior Citizens / Retired Personnel (above 60 years of age) who are Resident Indians are eligible for the Senior Citizen rate on the INR fixed deposit. |
Note: Minors, Trusts, Associations, Clubs, and Societies, Firms, Companies, NRIs, and Foreign Nationals cannot avail this facility.
As per the Finance Bill 2007, all fees and charges mentioned above will attract Service Tax @ 12% and Education Cess @ 3% of the service tax amount effective 11th May 2007
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