Any member can open savings bank account singly or jointly with any other member
In case of joint account the account can be operated by jointly/ Either or Survivor/Former or Survivor/Later or Survivor/Any one or survivor
Minimum Balance Rs.500
Initial deposit : Rs. 500/-
Pass book facility / account statement
Interest rate @ 4% on average daily balance method.
Automatic SMS for all transactions in the account
Nomination facility
TDS not applicable. PAN Copy / Form 60/ Form 15 G / Form 15 H will be obtained
Daily cash withdrawal limit Rs. 20.000/-