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DIPOSITE
DIPOSITE
Best suited for all classes of persons. Running account. Cheques, Drafts, Interest Warrants, Dividend warrants etc.., in Indian rupees and foreign currencies in the personal names of the depositors can be collected and credited to these accounts. Liberal withdrawal facilities. No Income Tax deduction at source on interest. Standing instructions for remittances of insurance premium, rent and similar payments carried out. Minors above 10 years can open and operate the account. Nomination facility is available Quarterly Average Minimum Balance to be maintained in SB accounts is Rs.1000/- with Cheque Book facility and Rs.500/- without Cheque Book facility Internet Banking/ATM/Mobile Banking Facilities are available
Current Accounts
Running account with unlimited operational facilities. Minimum balance to be maintained is Rs. 3000/- for rural branches and Rs.5000/- for others. Monthly statement of accounts made available. Standing instructions for remittances of insurance premium, rent and similar payments carried out. Internet Banking Facility is available
Premature withdrawal permitted with applicable penalty. Ideal investment for earning regular quarterly income without disturbing principal, and with maximum liquidity and safety. The deposit will be renewed on due date for the same period. TDS is applicable, 15H/15G to be submitted for exemption