Silver Trust Savings Account

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Silver Trust Savings Account

Open a Silver Trust Savings Account for attractive interest rates, secure banking, and exclusive benefits. Start saving with trust and security today!

  • cheque availibilty
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Details for Silver Trust Savings Account

Silver Trust Savings Account offers competitive interest rates, secure banking, and added benefits like easy access to funds and personalized services. Perfect for individuals seeking reliable and trusted savings options with a blend of flexibility and security.

Interest Rate

3.50% p.a

Withdrawal Limit

40,000/-

Transaction Limit

100,000/-

Minimum Balance Required

  • 25,000/-

Eligibility Criteria for Opening an Account

  • Primary Co-operative Credit Society (which is being financed by the bank)
  • Khadi and Village Industries Boards
  • Agriculture Produce Market Committees
  • Societies registered under the Societies Registration Act, 1860 or any other corresponding law in force in State or a Union Territory (except societies registered under the State Co-operative Societies Acts and specific state enactment creating Land Mortgage Banks)
  • Section 25 Companies (as per Companies Act, 1956) or Section 8 Companies (as per Companies Act,2013)
  • Institutions/entities whose entire income is exempt from payment of Income-tax under Income-Tax Act, 1961
  • Government departments/bodies/agencies in respect of grants/ subsidies released for implementation of various programmes/ schemes sponsored by Central/State Government (subject to production of an authorisation from the respective Government departments to open savings bank account)
  • Development of Women and Children in Rural Areas (DWCRA)
  • Self-help Groups (SHGs), registered or unregistered, which are engaged in promoting savings habits among their members
  • Farmers' Clubs - Vikas Volunteer Vahini – VVV

Additional Benefits

  • Unlimited free banking transactions
  • Anytime, anywhere access to your account
  • Visa Platinum Debit card available
  • Avail unlimited free transactions at Axis Bank ATMs
  • First 3 ATM monthly transactions free at non Axis ATMs at metro locations
  • First 5 ATM monthly transactions at non Axis ATMs at non metro location
  • Collection and Payment services
  • Utilisation accounts of FCRA donations
  • Locker and safe custody facility available
  • Insurance & forex services
  • FCRA account available for collection of overseas donations
  • Initial funding not required to open account