A savings account is a basic type of bank account that allows you to deposit money, keep it safe, and withdraw funds, all while earning interest. We offer the best rate of interest of 2.70% to all of our SB account holders. Minimum balance of SB account without cheque book is Rs.500/- and with cheque book is Rs.1000/-.
Current bank account is opened by businessmen, firms, organizations, institutions, trusts and societies who are having a higher number of regular transactions with the bank. We are having a large number of trusted current accounts. Minimum balance to open current account is Rs. 3000/-.
| Deposit Type | Interest Rate | Senior Citizen |
|---|---|---|
| 1 year to less than 2 years | 8.25% | 8.75% |
| 2 years to 5 years | 8.00% | 8.50% |
| Deposit Type | Interest Rate | Senior Citizen |
|---|---|---|
| 15 days to 45 days | 5.00% | 5.50% |
| 46 days to 90 days | 6.00% | 6.50% |
| 91 days to 179 days | 6.60% | 7.10% |
| 180 days to 364 days | 6.75% | 7.25% |
| 1 year - less than 2 years | 8.25% | 8.75% |
| 2 years and above | 8.00% | 8.50% |
Daily savings deposit is a daily collection deposit. Our agent will collect the cash from the depositors. We offer the best rate of interest to this scheme.