Saving Bank Account for NCC Cadets

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Saving Bank Account for NCC Cadets

Designed for NCC Cadets, this Savings Account offers zero balance, easy access, and special benefits, ensuring financial security and hassle-free banking.

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Details for Saving Bank Account for NCC Cadets

The Savings Bank Account for NCC Cadets offers tailored banking benefits, including zero-balance facilities, special interest rates, and seamless transactions. Designed to support cadets' financial needs, it provides easy access, secure savings, and exclusive perks, ensuring financial discipline and convenience for young NCC members.

Interest Rate

2.90%

Withdrawal Limit

Not available

Transaction Limit

Not available

Eligibility Criteria for Opening an Account

  • Student community of NCC cadets Branch & CPC to ensure that the age of the NCC cadet is above 10 upto 25 years

Additional Benefits

  • The accounts shall be opened with zero balance. Maximum balance in the account shall not exceed Rs. 1, 50,000 in case the age of NCC Cadet is less than 18 years, the account shall be subject to debit freeze in case the balance exceeds Rs 1, 50,000.No further transaction shall be allowed in the account by the branch. However, in case the age of the Cadet is 18 years & above, there shall be no limit in the balance of the Account
  • The operations in the accounts shall be permitted without the requirement of maintaining minimum balance. No penalty shall be levied even in accounts with ZERO balance.
  • Debit Card Free, No Six monthly charges.
  • Nomination Facility