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Corp Classic Savings Bank Account

Who can open :
  • a) An Individual in his/her own name with a sound mind.
  • b) Individuals in their joint names with suitable repayment instructions.
  • c)Clubs, Societies, Associations, Trusts, Executors, Educational Institutions, Administrators, HUFs, etc.
  • d) NRIs are eligible to open the account.
  • e) Minors are not eligible to open accounts under this scheme.
Account Specification :
  • 2-in-one Account Savings Bank + Term Deposit features.
Minimum Balance to be maintained :
  • Rs. 15,000 /-
No. of Units required for transferring to term deposits :
  • 5 units of Rs.1000/-each and in multiples of 5 units thereafter
Deposit Tenure :
  • Minimum of 15 days to Maximum of 5 years
Liquidity of Term deposits Part :
  • Breaking of DRSN (Deposit Running Serial No.)is possible in multiples of 5 units of Rs. 1000/- each.
Non Maintenance of QAB :
  • No Charges
Other Charges :
  • As applicable to Savings Bank Account
Add-ons :
  • As applicable to Savings Bank Account

Online Savings Account Opening