REQUIREMENTS FOR OPENING ACCOUNT : Application, Proof of identity, Address proof, Introduction, Passport size photograph. The prospective account holder should comply with the Know Your Customer (KYC) norms.
INTEREST RATE : 5.00% per annum.
PERIODICITY OF INTEREST PAYMENT : Interest is payable half-yearly, every February and August on the daily balance maintained in the account.
SPECIAL RATE FOR SENIOR CITIZEN : Not applicable.
NOMINATION FACILITY : Available.
APPLICATION AND DOCUMENTS : Application, Specimen Signature Card, Photograph of depositor/s (2 copies), Proof of address as per KYC Norms, Any other related documents applicable to Students, Minor, HUF, Trusts etc.
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