Savings Account

Following are the documents that can be taken as KYC documents at the time of opening of a savings account:

ID Proof:

(Any one document from the list given below)

• Passport
• PAN Card
• Voter ID Card
• Driving License
• I Card – (Subject to Bank’s satisfaction)
• Letter from a recognized public authority at the level of Gazetted officer like District Magistrate / Divisional commissioner / BDO / Tehsildar / Judicial Magistrate.
• Aadhar card.

Address Proof:

(Any one document from the list given below)

• Telephone Bill
• Bank’s statement
• Govt. Documents or Letter from any recognized public authority
• Electricity Bill
• Ration Card
• Passport
• Letter from employer (Subject to Bank’s satisfaction)
• In case of Rented Premises: Registered Rent Agreement Copy along with Utility bill in the name of Owner of the premises and in case; rent agreement is unregistered then utility bill along with identity proof of owner of premises.
• Aadhar card.

Note :

Interest on savings account is calculated on daily product basis and credited on Quarterly basis @ 4%, if it is above 1lakh intrest will be 5%

Current Account

Following are the documents that can be taken as KYC documents at the time of opening of a Current Account:

ID Proof:

(Any one document from the list given below)

• Passport
• PAN Card
• Voter ID Card
• Driving License
• I Card – (Subject to Bank’s satisfaction)
• Letter from a recognized public authority at the level of Gazetted officer like District Magistrate / Divisional commissioner / BDO / Tehsildar / Judicial Magistrate.
• Aadhar card.

Address Proof:

(Any one document from the list given below)

• Telephone Bill
• Bank’s statement
• Govt. Documents or Letter from any recognized public authority
• Electricity Bill
• Ration Card
• Passport
• Letter from employer (Subject to Bank’s satisfaction)
• In case of Rented Premises: Registered Rent Agreement Copy along with Utility bill in the name of Owner of the premises and in case; rent agreement is unregistered then utility bill along with identity proof of owner of premises.
• Aadhar card.

KYC Documents:

Following are the documents that can be taken as KYC documents at the time of opening of a current account:

• Accounts of Proprietary Concern: Proof of Identity, Proof of Residential Address, Latest Color Photographs regarding Business:
• Registration certificate (in case of a registered concern)
• Certificate / License issued by the Municipal authorities under Shop & Establishment Act, Sales and Income Tax returns, CST / VAT certificate.
• License issued by the registering authority like Certificate of Practice issued by Institute of chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India Medical Council, Food and Drug Control Authorities etc.
• Any two of the documents are to be obtained. These documents should be in the name of the proprietary concern. Account of Companies: Documents of All Directors – Proof of Identity, Proof of Residential Address Latest Color Photographs.

Term Deposits:

Following are the interest rates for the term deposits with effect from 24-01-2022 :

 

Period	General	Sr. Citizen
15 to 90 Days	5.00	5.00
91 Days to 180 Days	5.50	6.00
181 Days to less than 1 Year	6.00	6.50
1 Year and Above	6.50	7.00

Note:

Senior Citizens will get monthly interest of Rs. 580/- for every one lakh deposit of 1 year term.

Special Scheme:

Double Money for Senior Citizens-120 Months & General-129 Months.