The account, ‘Corp Pragathi SB a/c’ can be opened with an initial deposit of Rs 10/-
Interest Rate
4%
Card Offered
None
Main Features
Facilities provided:
Collection of outstation cheques.
Remittance facilities.
Passbook.
Facilities not provided:
ATM / Debit Card Internet Banking facilityAny Branch Banking facility.
Personalized Cheque Book facilit.
Immediate credit of outstation cheques.
Fees & charges
Fees & charges
Charges for non maintenance of minimum quarterly average balance
No penalty
Cash Transaction Withdrawal
Withdrawals can be effected at base branches only through loose cheque leaves or chequebook issued.
Withdrawals not to exceed 10 per quarter
Issue of DD drawn on base Bank/banks branch by cheque/transfer
Non Cash Cash
Upto Rs 500 Rs 11/- Rs 11/-
Rs 501 to Rs 1000 Rs 17/- Rs 17/-
Rs 1001 to Rs 5000 Rs 23/- Rs 28/-
Rs 5001 to Rs 10000 Rs 28/- Rs 34/-
Rs 10001 to Rs 50,000 Rs 2.50/1000 (Min 28) Rs 3/1000 (Min
34)
> Rs 50,000 Rs 2.50/1000 (Min 125 Not permitted
(out of pocket expenses for & Max 6735)
MT/TT extra)
Issue of duplicate DD Rs 56/- per instrument
DD cancellation/Revalidation
Revalidation Rs 28/- per instrument
Cancellation Rs 28/- per instrument
Statement/Duplicate Account Statement
Duplicate statement:
With latest entry Rs 28/-
Previous entry per page Rs 28/-
Cheque Books
The account holder can be issued one normal cheque book of 10 leaves in a quarter
Pass Book
Duplicate pass book:
With latest entry Rs 28/-
Previous entry per page Rs 28/-
Outstation cheque collection
upto Rs 500 Rs 11/-
Rs 501 to Rs 1000 Rs 17/-
Rs 1001 to Rs 5000 Rs 28/-
Rs 5001 to Rs 10000 Rs 45/-
Rs 10001 to Rs 100,000 Rs 4/1000 (Min 45)
> Rs 100,000 Rs 3.50/1000 (Min 350 & Max 16836)
Return of Cheque
Cheques received in inward clearing Rs 56/- +interest
Cheques sent in outward clearing (per instrument) Rs 11/-
Dishonour of local/ outstation cheques 50% of collection charges (Min Rs 56)
Stop Payment for individual cheque or a range of cheques
Rs 28/- per cheque
Closure of Account
Within 1 year Rs 56/-
After 1 year Rs 11/-
Interest Certificate
Rs 23/-
Balance Certificate
Rs 23/-
Services & Features
Services & Features
Overdraft Facility
No
Reward Points
No
Internet Banking
No
Phone Banking
No
Mobile Banking
No
SMS Alerts
No
Eligibility Criteria
Eligibility Criteria
Any individual, including minors above the age of 10 years, who are eligible to open a normal Savings Bank account, can open the account.
The eligible type of customers include Pensioners, Agricultural & Plantation laborers, Casual laborers, Employees in the unorganized sector, members of Self Help Groups, Self employed persons running small business like petty shops etc, students etc.
Nomination
Nomination
Available
Terms & Conditions
Terms & Conditions
Self-Declaration from the customer to the effect that balance in the account will not exceed Rs.50,000/- and the total credit in all the accounts will not exceed Rs.1.00 lakh in a year.
Introduction should be obtained from any of the account holder who has been subjected to full ‘Know Your Customer’ procedure. Introducer’s account with the bank should be at least 6 months old and should show satisfactory transactions. The photograph of the customer who proposes to open the account and also his address needs to be certified by the introducer.
In the absence of an introducer as mentioned above, any other evidence as to the identity and address of the customer to the satisfaction of the bank.