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Eligibility & Account Operation |
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The following are eligible to open a Regular Savings Account: |
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Resident Individuals (sole or joint
account). |
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Hindu Undivided Families. |
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Foreign Nationals residing in India*.
If you are a Foreign National residing in India, you may open a Savings
Account by temporarily attaching an undertaking (QA
22 form), stating sources of credit and a copy of your Residence
Permit.
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Account Operation
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A minimum deposit of Rs. 5,000/- is required to open an account and thereafter an Average Quarterly Amount of the same amount has to be maintained. |
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Please Note: It is mandatory to maintain a minimum Average Quarterly Balance (AQB) of Rs. 5,000/-. If the balance falls below Rs. 5,000/- a service charge of Rs. 750/- will be levied per quarter. |
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If you open a Fixed
Deposit Account of Rs. 50,000/-, then you no longer have to maintain
a minimum balance of Rs. 5,000 on your Savings Account. In effect your
account becomes a Zero Balance Account. |
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| Apply Now |
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Just
fill the Online
Application Form and our representative will get in touch
with you shortly.
Other Ways to apply :
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