Savings Account at The Janata Sahakari Bank Ltd. comes with new facilities & services at no extra charge to the Customers. Eligible person/s and eligible organizations or agencies as approved can open Savings Account with the Bank. Savings Account can be opened with Rs.500/- and minimum balance to be kept in the Account is Rs.1000/- only. Amount can be withdrawn from Savings Account by way of cheques or withdrawal slips. Interest is paid half yearly on Savings Account at 3 % p.a. as per the directives fixed by Reserve Bank of India.
Eligibility – Savings Account can be opened in the name of Individuals Singly or Jointly or by minors of the age 14 years or above or under natural / legal Guardianship or by an illiterate or blind person. Documents Required – Duly filled in Account Opening Form with valid KYC(residential proof and ID proof) , 2 photograph and introduction by existing account holder of the Bank
Minimum Balance – Account holder is required to maintain minimum balance of Rs.500/- for without cheque book & 1000/- with cheque book in the account.
Facilities Offered
- ATM Card Facility with withdrawal Limit up to Rs.20,000/- per day
- Any Branch Banking Facility through out all Branches of the Bank for operations in Savings / Term Deposit Accounts.
- SMS banking facility for Transaction Alerts.
- Statement of Account at daily/weekly/monthly/half yearly/yearly.
- Nomination Facility