Deposits

1. Saving

• An Individual singly.
• Jointly by more than one individual.
• A guardian on behalf of minor.
• Clubs, Association & Co-operative Societies etc. (if registered).

• Three passport size latest photographs.
• Permanent Account Number (PAN) or declaration in Form 60/61.
• Aadhaar Card.
• Proof of residence - Passport, Driving License, Voter Card (any one) & Utility Bill.
• Bank may ask for any other document, as it may deem fit.
• Originals of documents to be brought along for verification.

• All Branches on CBS.
• Ru-Pay Debit Card available for access at any ATM / POS / E-COM.
• Free Passbook facility available.
• RTGS/NEFT facility.
• SMS facility

2. Current

• An Individual singly.
• Two or More individuals.
• Sole Proprietary Concerns.
• Registered Partnership Firm.
• Hindu Undivided Family.
• Private Limited Companies.
• Registered Societies/Associations/Clubs, etc.
• Trust.

• Two passport size latest photographs – Proprietor / Partners / Directors / Authorised Signatories.
• Permanent Account Number (PAN) Card – Proprietor / Partners / Directors / Commercial entity.
• Aadhaar Card– Proprietor / Partners / Directors.
• Proof of residence - Passport, Driving License, Voters Card, any utility Bill, etc. – Proprietor / Partners / Directors.
• Business Proof.
• Copy of PAN Card of firm, company, society, etc.
• Copy of certificate of Incorporation, Memorandum of Association, Article of Association.
• Partnership Deed / Trust Deed / Approved copy of Bye-laws of the society. (As the case may be).
• Bank may ask for any other document, as it may deem fit.
• Originals of documents to be brought along for verification.

• All Branches on CBS.
• Ru-Pay Debit Card available for access at any ATM / POS / E-COM.
• Free Passbook facility available.
• RTGS/NEFT facility.
• SMS facility

3. Term Deposits

• 1. Fixed Deposit
Interest is paid on simple interest rate basis.
Depositors have the option to receive interest, monthly / quarterly / Half-Yearly / Yearly.
Minimum Amount – Rs. 500.00.
Minimum Period – 15 days & Maximum Period – 10 years.

• 2. Re-investment Deposit
Compound Interest is paid calculated on quarterly rests.
Minimum Amount – Rs. 500.00.
Minimum Period – 3 months & Maximum Period – 10 years.

• 3. Recurring Deposit
Compound Interest is paid calculated on quarterly rests.
Minimum Amount – Rs. 100.00.
Minimum Period – 12 months & Maximum Period – 10 years.

• 1.00 % on pre-mature encashment of Deposits in above schemes. (Interest shall be paid at the rate applicable for the period, the deposit has run).
• Auto renewal of Fixed & Re-investment deposits on written request.
• Loan may be availed to the extent of 90% of the accrued value of deposit. (Interest shall be charged 1.50% over the rate of interest payable on such deposit).
• 0.50% p.a. interest extra on deposits placed by Sr. Citizens.( Above 180 days)