As the name suggest, this is a saving account where we give an option of opening an account with zero balance or with minimum balance of Rs 500.
- No minimum balance requirement - You can maintain this account without any minimum or average balance requirement.
- Attractive interest rate for balance of Rs 500 and above, calculated on daily balance and credited quarterly (current interest rate on this saving deposit is 6.50% p.a.).
- Cheque book facilities for customers maintaining Rupees 500/- in the account
- Clearing House Facility
- ABBS Facility