General Savings Account

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General Savings Account

Open a General Savings Account for secure banking, easy transactions, and steady savings growth. Enjoy convenience, flexibility, and financial security!

  • cheque availibilty
  • penalty for nonmaintenance
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Details for General Savings Account

The General Savings Account is a simple and reliable banking solution for everyday financial needs. Enjoy hassle-free transactions, secure savings, and easy access to funds. With features like interest earnings, digital banking, and ATM access, it’s perfect for managing your money efficiently.

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Interest Rate

2.90%

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Withdrawal Limit

Not available

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Transaction Limit

1,00,000/-

Minimum Balance Required

  • 1000/-

Eligibility Criteria for Opening an Account

  • Resident Individuals (sole or joint account)
  • Hindu Undivided Families.
  • Minors above the age of 10 years are eligible to open self operated minor account and an ATM/Debit card can be issued to the Minor.

Additional Benefits

  • Free cash withdrawals over the counter: 30 withdrawals per half year.
  • Free e-banking / m-banking facility.
  • International Debit Card issued with ATM withdrawal limit of Rs 0.40 lac /day
  • POS transaction limit of Rs 1.00 lacs/day
  • Interest is calculated on the daily product basis and compounded quarterly.
  • 20 Cheque leaves free per year. (25 Cheque leaves for Senior Citizens).
  • Nomination facility available.
  • Charges for non-maintenance of the minimum Average Monthly Balance
  • ₹7.5 plus GST per ₹100 of the shortfall or part thereof from Average Monthly Balance Requirement OR ₹75/- per month + GST, whichever is lower

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