Saving Account

Features of SBGEN

Features:

Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc.

Minimum balance requirement with or without cheque book facility:

Centres	Without Cheque Book (`)	With Cheque Book (`)
Metro	500	1000
Urban	500	1000
Semi Urban	250	500
Rural	100	250

Interest is calculated on daily product basis and will be credited on quarterly basis in the months of April, July, October and January every year.
Rate of interest upto 25Lacs and more than 25 lacs-3%p.a