SAVING DEPOSITS
Name of the Scheme: Savings Account Scheme
Eligibility: Only individuals (Single accounts/ Joint Accounts) are eligible to open accounts under the scheme. Minors and Illiterate persons are also eligible to open the accounts.
KYC Documents: KYC documents are required to open the account, including Two Passport Size Photographs, Aadhar card, and PAN card for Proof of Identification and Proof of Residence.
- Minimum Account Balance: Minimum balance of Rs. 500/- should be maintained.
- CTS Clearing Facility: CTS Clearing facility is available.
- NEFT/RTGS Facility: Available.
- Mobile Banking: Yes
- E-Statement Facility: Available (Monthly, Yearly)
- Aadhar Payment Bridge (APB): Yes (Example: Gas Subsidy, PM Kissan)
- Periodicity of Interest: Interest is calculated on day-to-day balances and credited to the account on a quarterly basis.
- Nomination Facility: Available
Guntur bank’s Deposit Scheme makes sure you receive attractive interest rates on your investment.
To Apply: Download here
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