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KNOW YOUR CUSTOMER (KYC GUIDELINES)

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Corp Saral Savings Account

Who can open :
  • a) An Individual in his/her own name/Individuals in their joint names.
  • b) Minor represented by parent / guardian.
  • c) Clubs, Societies, Associations, Trusts, Executors, Educational Institutions, Administrators, HUFs, etc.
  • d) Student above 10 years
Balance to be maintained(QAB) :
  • Rs. 1,000/- Quarterly Average Balance
Rate of Interest :
  • Rate of Interest is 3.5% p.a. for balance below Rs.50 lakhs and 4% for balance of Rs.50 lakhs and above with effect from 01.09.2017. ( on daily minimum balance)
Interest Payment Frequency :
  • Quarterly
Value Added Facilities
  • Free Personal Accident Cover of Rs. 1 lakh (only for individuals above 18 years, 15 to 70 years)
  • Free Monthly Email Statement
  • Free Issuance of Demand Draft (through Internet Banking)
  • Free NEFT
  • Free Personalized Cheque Book (free 40 leaves per year)
  • Free Internet Banking facility
  • Online Opening of Fixed/Recurring Deposits
Other features
  • Instant Debit Card
  • Mobile Recharge through SMS
  • LIC Premium payment through internet & ATM
  • Advance Tax Payment through ATM
  • Internet Banking
  • Online Fund Transfer Facility
  • ABB Funds Transfer Facility
  • Apply of IPO through ASBA
  • Insurance and Mutual Funds
  • E payment of Tax
  • Mobile Banking
  • E –passbook
  • E- mandate
  •  Missed Call Facility
  •  Apna-App
  • E-purse.

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