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Savings Bank Account

Features

  • Mobile banking
  • Inter-Net banking
  • SMS Alert
  • Nomination facility is Available
  • Monthly Average Balance: NIL
  • No limit on Maximum balance
  • A Pass Book is issued to record the transactions. Duplicate pass book can be issued if original is lost, on payment of charges.
  • Cheque Book facility available.
  • Locker facility available.
  • Missed call Alerts available.
  • Rupay ATM debit card facility available.
  • Free Transfer of account from one branch to another.

Eligibility

All individuals/Central/State Govt Departments (if eligible to open SB accounts) such as:

  • All individuals having valid KYC documents.
  • Govt depts. /bodies/agencies in respect of grants, subsidies released for implementation of various programmes/schemes sponsored by Central Government/State Governments subject to production of an authorisation from the respective Govt depts to open Savings Bank account.
  • Development of Women and Children in Rural areas
  • Self-help Groups members, etc.
  • Mode of Operation : Single/Jointly/Either or survivor/ Former or survivor, Later or survivor, etc

The revised interest rates on term deposits will be as under:

Sl No. Period Revised Interest Rates w.e.f. 11.01.2023
1 7 days to 14 days 3.50%
2 15 days to 30 days 4.00%
3 31 days to 45 days 4.00%
4 46 days to 90 days 4.60%
5 91 days to 120 days 5.00%
6 121 days to 179 days 5.10%
7 180 days to 210 days 5.50%
8 211 days to less than 1 year 5.80%
9 1 year to less than 2 years 6.90%
10 2 years to less than 3 years 6.85%
11 3 years to less than 5 years 6.75%
12 5 years to 10 years 6.70%
13 TGB-KAMDHENU - 399 days 7.30%
14 TGB AMRUTHA - 777 Days 7.40 %
15 TGB AISHWARYA - 1111 Days 7.00 %
16 TGB SAMPANNA - 1555 Days 7.10 %
17 TGB KANAKADHARA - 2425 6.80%
1 Rate of interest for the term deposits of Rs.1.00 Crore (including split deposits) and above (including renewals) will be decided at Head Office on day to day basis as per the Bank's Requirement.
2 The above rates are applicable for NRE & NRO deposits also.
3 Staff will get an additional interest of 1.00% over card rate.
4 Senior citizens will get an additional interest rate of 0.50% over card rate for 1 year and above term deposits only.
5 For Super senior citizen of age 80 years and above, special rate is applicable for the special schemes only .
6 Our Bank's Retired Staff, on Superannuation, will get an additional interest rate of 1.00% p.a. on all deposits and also 0.50% p.a. as senior citizens.
7 Revised rates on deposit are applicable on new deposits and also for the existing deposits on their renewal.

Please Contact Your Branch for further details.