Introduction

This account is meant for persons of most means and low income group people. The objective of Saving Bank Accounts is to promote the habit of thrift among  the public. 

Deposit Amount

Minimum

Maximum

Rural Areas                     Urban Areas

Rs. 500/-                              Rs.1000/-

No limit                                No Limit

Interest

Interest @ 3.5% per annum is allowed on half yearly basis on the credit balances outstanding during the period from 10^th day of month to last day of every month.