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Abhyudaya Savings Account

Savings Account Details

Who can open Savings Account	1. Individual in his own name. 2. Two or more individuals in their joint names with suitable repayment instructions. 3. A guardian on behalf of a minor. 4. In the name of clubs, societies, associations, educational institutions, trusts, firms, partnership concerns, executors, and administrators. Secretaries, Treasurers, Managers, or other duly constituted officers of Corporations whether incorporated or not. The Rules governing such institutions and all other necessary information should be furnished in writing when opening the account. Note: Nomination Facility is available.
Initial Deposit at Opening of Account	Minimum amount of just Rs. 500/-.
Rate of Interest	3.00%
Passbook	No charge will be applicable for the passbook issued to the depositor on account opening.
Duplicate Passbook	Duplicate passbook will be issued on payment of applicable charges.
NEFT/RTGS Facility	NEFT/RTGS facility available.
Demand Draft Facility	Demand Draft Facility available.
Non-Maintenance of Minimum Balance	Will be charged.
Documents Required for Opening the Account	Identity Proof and Address Proof: Passport, Aadhar Card, Driving Licence, Voter ID Card. PAN Card. Photographs. Note: Aadhar Card is mandatory to open the account.