It is the simplest savings account that an individual can open. On such an account, the holder will tend to earn interest. The holder will be required to maintain a minimum Rs.2,500/- balance in the regular savings account. A mandatory KYC such as Pan Card, Aadhar Card, Photo, and Valid contact details (Mobile Number & Email Id) will be required to complete the account opening process
A Salary Account is suitable for salaried accountholders who receive a salary monthly. Many benefits on such accounts can be availed, including free NEFT/RTGS unlimited Transactions, exciting interest rates on loans, zero balance accounts, etc.
A Women’s Savings Account is designed especially for women. Such accounts offer women many benefits, including preferential loans, Higher Interest rates in Fixed deposit, relaxed minimum balance requirements, etc. The holder will be required to maintain a minimum Rs.1,000/- balance in the Women’s savings account. A mandatory KYC such as Pan Card, Aadhar Card, Photo, and Valid contact details (Mobile Number & Email Id) will be required to complete the account opening process.
A Kids’ Savings Account can be opened by the parent/guardian in the name of children below 18. Such accounts can help children understand how banking works and learn at an early age. These savings accounts have regulated deposit and spending limits. Such accounts offer many benefits including preferential loans (Especially Education Loan Facility), Higher Interest rates in Fixed deposit, relaxed minimum balance requirements, etc. The parent/guardian will be required to maintain a minimum Rs.1,000/- balance in the Kid’s savings account. A mandatory KYC for Parents and Kids such as Pan Card, Aadhar Card, Photo, and Valid contact details (Mobile Number & Email Id) will be required to complete the account opening process
A senior citizen savings account can be opened for those above 60. The accountholders can avail of many benefits on these accounts like low interest on credit, exciting interest rates on deposits, etc. Such accounts offer many benefits including preferential loans, Higher Interest rates in Senior Citizen Fixed deposit, relaxed minimum balance requirements, etc The Holder will be required to maintain a minimum Rs.1,000/- balance in the Senior Citizens’ savings account. A mandatory KYC such as Pan Card, Aadhar Card, Photo, and Valid contact details (Mobile Number & Email Id) will be required to complete the account opening process.