Saving Accounts for individuals with profit calculation on average monthly balance and payment on bi-annual basis.
- Bi- annual profit payment (Competitive profit rates)
- Free Online transactions
- Free issuance of ATM card
- Free Life insurance (for eligible customers)
- SMS Alerts facility
Additional Special Privilege
- Absolutely Free Insurance Cover
- Natural Death: Rs. 1,000,000/- (Maximum)
- Accidental Death: Rs. 2,000,000/- (Maximum)
- Permanent Disability Rs. 1,000,000/-(Maximum, as per insurance policy)
Terms & Conditions:
- Minimum account opening balance: Rs. 1,000/-
- Required average monthly balance in account: Rs. 10,000/- (for insurance coverage)
- Insurance coverage is applicable on ages from 18 to 60 years
- No Restrictions on Maximum Balance
- Insurance Cover admissible after 90 days of opening of account.
- The insurance cover is provided to the extent of average balance maintained in the account during last 90 days in case of Natural death and Permanent Disability, whereas in case of Accidental Death the coverage provided is double.
- Quick processing time for borrowing against funds.
- In case of joint or partnership account the benefit is apportioned prorate for each account holder i.e. if two account holder then the benefit is half for each, if three then third for each , and so on.
General Terms & Conditions
- *All profit rates are subject to change without giving any notice to the customers
- Withholding tax and Zakat is applicable as per law/rules