MACT Claims Sb Account (MACT)

Home » Savings Account » MACT Claims Sb Account (MACT)

4.5

Average Review

MACT Claims Sb Account (MACT)

MACT Claims SB Account ensures secure and hassle-free deposit of Motor Accident Claims Tribunal compensation with easy access and reliable banking services.

  • cheque availibilty
Apply Now Terms & Conditions Apply

Details for MACT Claims Sb Account (MACT)

MACT Claims SB Account is designed for individuals receiving compensation through the Motor Accident Claims Tribunal. It ensures secure fund deposits, easy withdrawals, and seamless banking services. With hassle-free account management and reliable financial support, beneficiaries can access their compensation smoothly and securely.

₹
Interest Rate

3.55%

₹
Withdrawal Limit

Not available

₹
Transaction Limit

Not available

Minimum Balance Required

  • Nil

Eligibility Criteria for Opening an Account

  • Individuals including minors (through guardians) in a single name.

Additional Benefits

  • 0 balance account opening
  • Nil minimum balance is required
  • Passbook facility available
  • Periodic email statements
  • operated by single person only, in case of Minors, the operation will be through guardian.
  • Nomination is mandatory
  • Easy withdrawal using forms or biometric authentication
  • Rate of interest similar to a regular SB account

Share with