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:: PERSONAL BANKING :: RATES AND FEES :: Accounts ::
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savings account
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| SAVINGS RATE :: 4.5 % p.a |
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Credit Interest ] |
interest rate: 4.50% p.a. - calculated as follows: - junior savings accounts: on daily balances of Rs 500 & above - other savings accounts: on daily balances of Rs 3000 & above |
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Frequency for payment of interest ] |
- credited at the end of the months of February and August of each year |
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Savings passbook accounts | with a half-yearly average balance of up to Rs 2500 ] |
- a commission of Rs 25 will be deducted from each payroll credit if the customer wishes to keep his passbook instead of being provided with a statement of account |
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Lost / stolen | passbooks or account cards replacement fee ] |
- Rs 25 for each replacement |
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