A Savings Deposit scheme targeted at the Student Community. The features of the scheme are as under

Who Can Open The Account

• Only student who have completed 15 years of age and are pursuing regular courses can open these accounts.  
  

• Existing regular SB accounts of students already opened with the bank can also be converted to this new account. At the time of opening the account, the student must furnish a copy of student Identity Card issued by the school/college.
  
  
  

Initial Deposit/Quarterly Average Balance/other terms :

• This account can be opened with initial balance of Rs.100/- and has to maintain QAB of Rs.100/- thereafter.
  
  
• Withdrawal not to exceed 20 per quarter.

Other Facilities :

• No annual maintenance charges for Debit Card.
  
  
• Free Demand Draft and Pay order upto a maximum of 5 instruments per quarter.
  
  
• No service charges for collection of cheques.
  
  
• Free cheque book facility for students above 18 years of age.

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