General Savings a/c
- An account for individuals, either singly or jointly, non-trading organizations/ institutions.
- Account with cheque book facility can be opened for a minimum amount of Rs.500/- at Rural/Semi-Urban branches and Rs.1,000/- at Urban/Metro branches
- Account can be opened even in the name of a minor aged 12, allowing him/her to operate by self, provided he/she presents himself /herself at the bank for each withdrawal
- A minor who has attained 14 years of age can open and operate the account individually in same manner as an adult
- Payment of interest on savings bank A/c is made on a daily product basis and paid half yearly in the months of September & March
- Multicity cheque book facility
- Free Internet/Mobile banking facility
- RTGS/NEFT Facility
- Nomination Facility
- Any Branch Banking (ABB) facility
Features
- Standing instructions of the account holder with regard to payment of premium, rent, etc.are accepted and acted upon promptly.
- Cheques, Drafts, pension, dividend warrants, etc. are accepted and collected for credit to the account.
- Account can be transferred to any other office of the bank, free of charge.
Any Branch Banking (ABB) Facility is available to customers on registration. Eligibility criteria and benefits available for various category of customers are as follows
| Eligibility criteria | SILVER | GOLD | DIAMOND | PLATINUM |
|---|---|---|---|---|
| Minimum balance (Rs) | 10,000 | 20,000 | 30,000 | 1,00,000 |
| Penalty for non maintainance of minimum balance (Rs) | 200 | 200 | 200 | 500 |
| Free limits per month | SILVER | GOLD | DIAMOND | PLATINUM |
|---|---|---|---|---|
| Cash Withdrawal (Rs) | 50,000 | 1,00,000 | 1,50,000 | 5,00,000 |
| Cash Deposits (Rs) | 50,000 | 1,00,000 | 1,50,000 | 5,00,000 |
| Fund Transfer (Rs) | 2,00,000 | 3,00,000 | 4,00,000 | unlimited |
| At Par Facility (Rs) | 2,00,000 | 3,00,000 | 4,00,000 | unlimited |
| Collection of cheques (Rs) | 2,00,000 | 3,00,000 | 4,00,000 | unlimited |
| Total limits (Rs) | 7,00,000 | 11,00,000 | 15,00,000 | unlimited |
Charges for usage in excess of free limits will be
- All cash transactions - Re.1/- per thousand, subject to a minimum of Rs.25/-
- All transfer transactions - Rs.5/- per lakh
