Saving Account :
Who can open: Any resident citizen of India
(1) By an adult
(2) A guardian, on behalf of a minor or person
(3) A Minor who has attained the age of ten years may open and operate an account in accordance with the provisions of a Savings Scheme.
Type of Account: Single, Joint-A, Joint-B (Joint account can be opened by two adults only)
Minimum Balance: ₹500
Maximum Balance: No limit
Rate of Interest: 4%
Facility: Passbook, Cheque, ATM, Internet Banking, Mobile Banking etc.
Nomination: Yes (Minimun-1, Maximum- 4) (Nomination is mandatory)
Fee:
Account opening fee: NIL
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