Features
HOME SAVING SAFE ACCOUNTS ( H.S.S)
Purpose
Offers you to deposit your Small Savings etc , and utilize the same for your day to day requirements.
Who can open the Account :
- An individual – Single Accounts.
- Joint Accounts in the name of two or more individuals.
- Minor jointly with his/her natural / appointed guardian
- Minor who is literate and of the age of 10 years and above individually in his/her name.
- Blind persons.
- Illiterate persons
- Hindu Undivided Family (HUF)
- Receivers/administrators/Attorney appointed by Courts etc
- Non-Residents.
- Associations, Clubs, Societies (including Co-operatives) etc,
- Trusts (if they do not conduct any business which is of commercial nature).
- Institutions/Agencies specifically permitted by the Reserve Bank of India
- [Military units for the funds of Regimental Units mainly consisting of contributions from individual members of the Unit, income from Regimental properties, collections made on Army Day etc].
*Refer RBI circular issued from time to time for eligibility
Documents required for opening of HSS Accounts :
- Passport
- Driving License
- Voter's Identity Card issued by Election Commission of India
- Aadhaar letter issued by UIDAI
- Job card issued by NREGA duly signed by an officer of the State Government.
- The letter issued by the Unique Identification Authority of India containing details of name, address and Aadhar number
- PAN Card
Minimum Balance Requirement: ( On Quarterly Average Balance basis)
- For Metro /Urban Branches - Rs.2000/-
- For Semi Urban Branches - Rs.1000/-
- For Rural Branches - Rs. 500/-
Monthly Average Balance
Charges for non-maintenance of minimum balance:
• As per services circular no. 3973 dated 08.04.2024 charges are subject to change from time to time as per bank’s discretion.
Cheque Book Issuance Charges
| Individual | Non-Individual | ||
| Cheque Book Issuance Charges : |
Upto20 leaves |
One Cheque book of 20 Leaves free in a Financial Year |
One Cheque book of 20 Leaves free in a Financial Year |
| Personalized request through |
Above 20 leaves |
(a) Digital mode ₹3/- per leaf |
₹5/- per leaf |
*Charges are applicable as per service charges circular and subject to change from time to time as per Bank’s discretion
Interest
Rate of Interest is decided by ALCO and subject to change from time to time as per Bank’s discretion
Nomination Facility
Nomination Facility is available
Other Facilities
• Cheque Collection
• Stop Payment
• Sweep Facility
• Standing Instructions
• Internet Banking
• Mobile Banking
• Locker facility
• Whatsapp Banking
• M-Passbook
• SMS Alerts on deposit /withdrawal etc.
For more information please contact our nearest branch.