Deposit

Recurring deposit account

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Recurring deposit account
Prescribed Account opening forms should be filled by the customer and Sign 3 Specimen Signature.
Recent Passport Size Photo	1 No.
Ration Card Copy	1 No. with attestation.
Electoral Identity Card copy	1 No. with attestation.
Aadhar Card copy	1 No. with attestation.
Indian Passport copy	1 No. with attestation.
Telephone Connection latest bill copy	1 No. with attestation.
Indian Driving License copy	1 No. with attestation.
Government Recognised Institutions Identity Card	1 No. with attestation.
Original Rental Agreement for No Ration Card Holders	1 No.
Pan Card	1 No. with attestion compulsory document.
Introducer of the existing customer of the Bank.
Minimum 100/- and in multiples 100/- and Maximum amount is Unlimited for opening of Fresh Recurring deposit a/c.
Minimum period of deposits is 12 months and maximum is 120 months.
Savings A/c or Current A/c. is must for opening a Deposit a/c.

Facility:-

a. Single

b. Either or Survivor

c. Jointly / Jointly or Survivor

d. Anyone or Survivors or Survivor

Note:

* During Foreclosure no interest should be paid upto 14 days and 1% penal interest charges on the rate of interest on applicable rate.

* Nomination Facility available for all types of deposits.

* Loan on deposits are available for the deposits with 2% rate applicable in addition to the rate allowed on deposits.

* Compound interest method is followed for Cash Certificate deposits a/c.