Normal Saving account can be opened by any individual (single / joint) with ZERO balance.
"Normal Savings Account" product has integrated following old saving accounts within it:
- General Saving Account
- Remittance Saving Account
- Group Saving Account
Thus, after integration of above 3 products all accounts under these product types stand merged with Normal Saving Account and customer who has opened above 3 category accounts earlier shall have their product name rebranded as "Normal Saving Account".
Features
|
Product
Name |
Normal
Savings Account |
|
Minimum
Balance |
ZERO |
|
Interest
rate |
As per
Published rate by the Bank from time to time |
|
KS
iMobile |
As per
STC |
|
Debit
Card |
Free for
first year |
|
Locker
charges |
As per
STC |
|
Locker
Security Deposit (to be
held in customer’s savings account) |
As per
STC |
|
Interest
Calculation |
Interest
Calculation on daily and payable quarterly |
Required Documents
- Citizenship from competent authority should be submitted to open this account.
