Savings Account with cheque book facility is offered by the bank to its individual customers.
Saving Deposits are available for
1. Individuals
2. Institutions
3. Societies
1. Any person or persons and associations of individuals like Co-op. Societies, Institutions and Associations approved by the bank.
2. Account may be opened individually by one person or by two or more persons in their joint names.
3. Natural guardian i.e. father or mother can open account on behalf of a minor child/ward.
1. With cheque book – Rs.2500/-
2. Without cheque book – Rs.1000/-
*This is also the minimum balance requirement for respective accounts.
Interest will be paid @ 3.% p.a. (half yearly) as per rules. Interest for the period October to March and April to September will be calculated and credited in the months of March and September each year.
Pass book will be supplied to every savings bank depositor showing the number of his/her account, name and address and transactions with date, amount and particulars.
1. If a minimum balance of Rs.2500/- (with cheque book facility) is not kept, the bank will charge incidental charges at the rates as in force from time to time.
2. Also refer to our Service Charges elsewhere on this site for other incidental charges.
Minimum requirement for opening A/C :
1. Introduction by a person known and acceptable to the bank.
2. 2 copies of latest photograph.
3. Proof of identity and residence to the satisfaction of the Bank (Aadhar card, Passport, Driving Licence, Ration Card, Voters Card, Electricity Bill, etc.)
4. Copy of PAN Card with original for verification.
The Bank reserves the right to alter, amend and rescind the rules from time to time.
* For more details contact our nearest branch.
Current Account with cheque book facility is offered by the bank to its …..
Interest earned on the term deposits and savings deposits attractOn ….
A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradise
Committed to helping you meet all your banking needs.
H.No. 5-5-1, Beside District Court, Yellammagutta,
Nizamabad-503003
development.nzb@nzbdccb.org