Who can Open the Account?
· Individual (singly or jointly) with others.
· Minor who have attained the age of 10 years and above in his/her own name on giving proof of age. Minors below the age of 10 years under guardianship of Natural/legal guardian.
· Proprietorship/Partnership firm Commercial Organization, Company/ Corporate Body.
· Hindu Undivided Family
· Minimum Deposit Rs 1000/- and thereafter in multiples of Rs 1000/.
SALIENT FEATURES OF THE ACCOUNT.
Ø Wide range of tenure ranging from 7 days to 10 years.
Ø Attractive interest for various tenures of Deposit.
Ø Premature Withdrawal in the multiples of Rs 1000.
Ø Avail of loan facility upto 90 % of Prinicipal and accrued interest.
Ø Facility of Automatic Renewal.
Nomination of Single nominee whether held solely or jointly.