This is a product for students of any age group, undergoing primary / Secondary / Graduate / Post Graduate education in either government or private or any other aided educational institutions. For this purpose, we have drastically reduced the minimum balance requirement to a nominal amount to encourage and inculcate savings habit among youth. The students can utilize this account for managing their pocket expenditure and maintenance of their scholarship amounts. This account is provided purely to facilitate savings activity of students and should not be used for any other activities by the parent / guardian. Preference will be given in regard to sanction of educational loans on fulfilling the stipulated bank norms to those who have been maintaining student accounts with our Bank.
Features and Benefits
- Cheque Book facility. (Issued only to guardians where account holder is a minor and account is operated by the guardian or students who have attained 14 years of age and can issue cheques singly)
- Rupay Debit card daily limit Rs. 25,000/- per card for cash withdrawal And Rs. 25,000/- for POS transactions.
- Access your SB account in any Bank ATM across India.
- SMS Charges applicable
- Electronic Funds Transfer facility through RTGS / NEFT& IMPS.
- Anywhere banking facility, UPI payment / receipt facility (to be opened shortly)
Documents Required
- Aadhar card, PAN card
- Residential Proof
- Two Color Passport size Photographs
- Student ID Card with photo and validity or Bonafide Certificate signed and issued by the Principal / Head of institution.
- Proof of Date of Birth
- Savings Account Opening Form with complete details filled in.
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