Savings
The most flexible account for your money and transactions. This is where your money grows as per prevailing interest rates.
All customers who are eligible as per Contract act can open SB accounts. You can open a savings bank account with us, with as little as Rs.500. You are welcome to use our online banking services. If you need to use a cheque book, you must retain a minimum of Rs.1000 in your account.

General SB

Supreme SB

Basic SB

Junior SB

Society SB

Special SB

Other SB
Charges for All SB
General SB

Eligibility
Contract Act-eligible customers

KYC norms
ID proof
Address proof

Rate of Interest
Above 1 Lakh – 3%
as per Circular W.E.F. 02/04/21

Minimum Balance
Non- Cheque Account Rs.500/-
Cheque Book Accounts Rs.1500/-

Purchase
ECOM/POS facility

Account Opening
Cheque book facility is available if required

NACH
NACH Faility

ATM / Debit card
Eligible for ATM cum Debit/Platinum card facility.

Online
Mobile Banking Facility

lpg
Direct Benefit Transfer of LPG (DBTL) Scheme
Supreme SB

Eligibility
Contract Act-eligible customers

Purchase
ECOM/POS facility

KYC norms
ID proof
Address proof

lpg
Direct Benefit Transfer of LPG (DBTL) Scheme

Account Opening
Cheque book facility is available if required

Rate of Interest
Above 1 Lakh – 3%
as per Circular W.E.F. 02/04/21

NACH
NACH Faility

Minimum Balance
Non- Cheque Account Rs.0/-
Cheque Book Accounts Rs.1500/-

Online
Mobile Banking Facility

ATM / Debit card
Eligible for ATM cum Debit/Platinum card facility.
Basic SB

Eligibility
Contract Act-eligible customers

Purchase
ECOM/POS facility

KYC norms
ID proof
Address proof

lpg
Direct Benefit Transfer of LPG (DBTL) Scheme

Account Opening
Cheque book facility is available if required

Rate of Interest
Above 1 Lakh – 3%
as per Circular W.E.F. 02/04/21

NACH
NACH Faility

Minimum Balance
Non- Cheque Account Rs.0/-
Cheque Book Accounts Rs.1500/-

Online
Mobile Banking Facility

ATM / Debit card
Eligible for ATM cum Debit/Platinum card facility.
Junior SB

Eligibility
Contract Act-eligible customers

Purchase
ECOM/POS facility

KYC norms
ID proof
Address proof

lpg
Direct Benefit Transfer of LPG (DBTL) Scheme

Account Opening
Cheque book facility is available if required

Rate of Interest
Above 1 Lakh – 3%
as per Circular W.E.F. 02/04/21

NACH
NACH Faility

Minimum Balance
Minimum balances are not required in these accounts.

Online
NO-Mobile Banking Facility

ATM / Debit card
Eligible for ATM cum Debit/Platinum card facility.
Other SB

Eligibility
Contract Act-eligible customers

Purchase
ECOM/POS facility

KYC norms
ID proof
Address proof

lpg
Direct Benefit Transfer of LPG (DBTL) Scheme

Account Opening
Cheque book facility is available if required

Rate of Interest
Above 1 Lakh – 3%
as per Circular W.E.F. 02/04/21

NACH
NACH Faility

Minimum Balance
Non- Cheque Account Rs.500/-
Cheque Book Accounts Rs.1000/-

Online
Mobile Banking Facility

ATM / Debit card
Eligible for ATM cum Debit/Platinum card facility.
Special SB

Eligibility
Contract Act-eligible customers

Purchase
ECOM/POS facility

KYC norms
ID proof
Address proof

lpg
Direct Benefit Transfer of LPG (DBTL) Scheme

Account Opening
Cheque book facility is available if required

Rate of Interest
Above 1 Lakh – 3%
as per Circular W.E.F. 02/04/21

NACH
NACH Faility

Minimum Balance
Non- Cheque Account Rs.5000/-
Cheque Book Accounts Rs.5000/-

Online
Mobile Banking Facility

ATM / Debit card
Eligible for ATM cum Debit/Platinum card facility.
Society SB

Eligibility
Contract Act-eligible customers

Purchase
ECOM/POS facility

KYC norms
ID proof
Address proof

lpg
Direct Benefit Transfer of LPG (DBTL) Scheme

Account Opening
Cheque book facility is available if required

Rate of Interest
Above 1 Lakh – 3%
as per Circular W.E.F. 02/04/21

NACH
NACH Faility

Minimum Balance
Non- Cheque Account Rs.0/-
Cheque Book Accounts Rs.1000/-

Online
Mobile Banking Facility
(Need Authorization letter)

ATM / Debit card
NOT Eligible for ATM cum Debit/Platinum card facility.
Junior SB

INTRODUCTION
RBI has permitted to open SB accounts in the name of Minor’s who have attained the age of 10 years or more and also accounts are to be operated by the concerned minor only.

Eligibility
Age of 10 years or more and below 18 years. Especially these accounts are to be opened for the purpose of scholorships.

Account opening
Parent- ID proof and address proof
Minor -Photo, Study certificate containing the date of birth.
Declaration cum no objection letter is to be given by the natural guardian of the minor to the effect that the minor has acquired sufficient knowledge about opening / operating the account.

MISCELLANEOUS
On attaining the majority of the account holder a fresh set of application form with specimen signature card and a recent photograph of the minor duly countersigned by the guardian should be provided to bank.
Banking services are allowed to deposit, withdrawal of cash at the branch as well as ATMs, receipt of money through electronic payment channels like NEFT/RTGS and inward collection of cheques.

MINIMUM BALANCE
The JSB account can be opened with small amount of Rs.100/-.

OPERATION OF ACCOUNT
Operated by the Minor independently. Minor has to come to the branch in person for withdrawal. No cheque book, no overdrawing / TOD is permitted in the account. Maximum withdrawal of Rs. 10000/- per transaction

CHARGES
No charges – non-maintenance of minimum balance. Service charges – Rs. 10/- annually.
ATM/Debit Card – Rs. 25/- per annum.
In-operative accounts – No charges

ATM/DEBIT CARD
Eligible for ATM cum Debit card
Elite SB

Eligibility
Must be Professional or self-employed status with valid registration/license.taxpayer and filed IT returns of proceeding 3 years by declaring the income of Rs.3 lakh and more to confirm their Income.

KYC norms
ID proof, Address proof.
Registration certificate issued by the concerned authority in case of doctors & CA’s. License issued by the concerned departments/municipality etc. as in the case of engineers.

Account opening
Opened in ESB a/c opening form (opening form cum loan application). The introducer may also join as a Co-obligant to the Over Draft loan availed by the applicant. Applicant has to execute documents along with suitable Co-obligant (worth the loan amount)

Over Draft limit
Rs.1,00,000/- Must be utilized as Credit Card facility by using SUCO Debit Card only. Customer can draw the amount what he requires and when he requires through Debit cards only and not across the counter. Customers will be charged with the rate of interest as applicable to normal OD account only up to 90 days i.e. 16%.

Sanctioning Authority
Branch Managers are empowered to sanction the prescribed OD limit.

Period of loan
This loan is repayable within 90 days. Branches have to follow up these a/cs closely and ensure that the overdrawing is not remained in the account for not more than 90 days in any condition.

Rate of Interest
ESB a/c: Interest is paid as in case of SB deposit a/cs, and as per RBI guidelines issued from time to time. Presently interest is paid @4%.
OD a/c: Interest @ 16% up to 90 days. If the loan amount is not repaid even after completion of 90 days 3% penal interest is to be charged over and above the rate of interest.
Charges
General SB | Supreme SB | Basic SB | Junior SB | Other SB | Special SB | Society SB | |
---|---|---|---|---|---|---|---|
Non-maintenance of Minimum Balance(Quarterly) | --- | --- | --- | --- | --- | --- | --- |
With Cheque book facility | Rs.50/- | NO | Rs.50/- | NO | Rs.50/- | Rs.500/- | Rs.50/- |
With-out Cheque book | Rs.25/- | NO | Rs.50/- | NO | Rs.25/- | Rs.500/- | Rs.25/- |
Cheque Book Charges – Per Leaf | Rs.5/- per leaf | Rs.5/- per leaf | Rs.5/- per leaf | Rs.5/- per leaf | Rs.5/- per leaf | 0/- | Rs.5/- per leaf |
Cheque stop payment Charges | Rs.50/- per cheque | Rs.50/- per cheque | Rs.50/- per cheque | Rs.50/- per cheque | Rs.50/- per cheque | Rs.50/- per cheque | Rs.50/- per cheque |
Service Charges – Yearly | Rs.100/- | Rs.100/- | 0/- | Rs.100/- | Rs.100/- | 0/- | Rs.100/- |
Cheque Return Charges (Inward) | Rs.300/- | Rs.300/- | Rs.300/- | Rs.300/- | Rs.300/- | Rs.300/- | Rs.300/- |
Account Closing Charges (a/cs closed before completion of 1 year from the date of opening) | Rs.100/- | Rs.100/- | Rs.100/- | Rs.100/- | Rs.100/- | Rs.100/- | Rs.100/- |
SMS charges half yearly | Rs.25/- | Rs.25/- | Rs.25/- | Rs.25/- | Rs.25/- | Rs.25/- | Rs.25/- |