* * Housing loan up to Rs.30 lakh for 15 years @10.00% p.a. floating: EMI Rs.1075/- per lakh           * 8.75% interest for deposits of one year to less than 3 years            * Avail the facility of same day remittance of funds at par. Please contact the nearest branch for details
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Min. Balance/Penalty

MINIMUM AMOUNT OF ACCOUNT OPENING/MINIMUM BALANCE TO BE MAINTAINED IN SB/CD ACCOUNTS AND PENALTY IF NOT MAINTAINED W.E.F. 01.03.2008.

HEAD

REVISED
Minimum Balance Requirement/Penalty
                            (w.e.f. 01.03.2008) 

SAVING BANK ACCOUNT Initial/Min. Balance
(Average Qly. Balance)
(i) With Cheque Book  Metro, Urban & Semi Urban – Rs. 1000/-
Rural :- Rs. 500/-
(ii) Without Cheque Book

Metro, Urban & Semi Urban – Rs. 500/-
Rural :- Rs. 250/-
PENALTY IF NOT MAINTAINED (per quarter)  Penalty
(per quarter)
(i) With Cheque Book

Metro, Urban & Semi Urban – Rs. 200/-
Rural :- Rs. 100/-
(ii) Without Cheque Book

Metro, Urban & Semi Urban – Rs. 200/-
Rural :- Rs. 100/-

CURRENT  ACCOUNT

 Initial/Min. Balance
 

(Qly. Average balance)
Individual

Metro, Urban & Semi Urban – Rs. 5000/-
Rural :- Rs. 2500/-
Others

Metro, Urban & Semi Urban – Rs. 10000/-
Rural :- Rs. 5000/-
PENALTY IF NOT MAINTAINED
(per quarter

Penalty
(per quarter)

For all centers
Individual : Rs.500/- 
Others : Rs. 1000/-

For individuals in rural areas, pensioners & senior citizens: (i) 50 % of minimum balance requirement in SB Account as applicable (ii) 50 % of penalty for not maintaining min. balance in SB Account as applicable.

 

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