The account holder gets access to negotiable instruments such as Cheques and Demand Drafts. These instruments can be used to make outward payments, sourcing funds from the account to pay recipients.
Facility to make cash withdrawals and purchases anytime, anywhere by means of an RuPay card. Plastic money linked to your savings account offers you the convenience of paying from your account without using actual currency notes.
Savings Account with Cheque Book Rs.500/-
Example: If customer has not maintain average balance quarterly of Rs.500 and if average balance is maintained only of Rs.300 then calculation will be done on amount of Rs.500-Rs.300=Rs.200
Penalty apply on remaining amount of Rs.200
Duly filled in Account Opening Form with valid residential proof, PAN Number, 1 photograph and introduction by existing account holder of the Bank.