This account can be opened by any individual provided he/she has valid KYC documents. Primarily meant for poorer sections of society to encourage them to start saving without any burden of charges or fees.
The Savings Account provides you a complete banking convenience and financial package to access your money with the ease. We offer you a range of savings account for optimal management of your money. Minimum amount of deposits for open a saving Deposit account is Rs. 100. The money can be withdrawn by using withdrawal slip in the concerned branches. Saving account is of continuing nature. There is no maximum period.
Banks allow people to open and maintain zero balance savings accounts where account holders do not need to maintain a minimum balance in their accounts.