The scheme intends to provide loans for purchase of new four wheeler vehicles only.

Details

Savings Account

General features of DOMESTIC DEPOSIT SCHEMES :

  • For Domestic Term Deposits, Tax Deduction at Source is applicable, if the interest income for the financial year exceeds 10,000/- for the customer, unless he/she produces PAN card and Tax exemption certificate/ Form 15G/H.
  • Nomination is require_onced for all accounts.

Domestic Savings Bank Account (SB) :

  • Interest charged on daily product basis and credited in quarterly rests.
    (Present rate is 4%).
  • Withdrawls of 1000/- or 10% of the balance outstanding, whichever is higher can be withdrawn on any day.
  • Upto 50 withdrawals during a calendar half year is permitted.
  • Inoperative charges and minimum balance charges are applicable.
  • No TDS.
  • Cheque book facility available.
  • Basic Savings Bank Account :

  • No frill SB a/c. (i.e., can be opened with zero balance).
  • Upto 24 free transactions in a calender year.

"Your account balance is only a missed call away. Just dial 9015 800 400 from your registered mobile number."

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