Target Group


Citizens who have completed 57 years and Senior Citizens who are drawing pension from other Banks



Singly or in joint names. The first account holder must belong to target group

Average Quarterly Balance Criteria


Average Quarterly Balance (AQB) of Rs.10000/-AQB shall be calculated for AMJ, JAS,OND & JFM quarters (for example AMJ stands for April, May, June)

Opening of Account/ Minimum Daily Balance


No Daily Minimum Balance Requirement However customer has to maintain Average Quarterly Balance (AQB) of Rs.10,000/- or above, therefore AQB Clause to apply

Charges for Non Maintaining Average Quarterly Balance


In case of Non maintenance of AQB of Rs.10,000/- Penalty will be levied as under: SB A/cs with cheque book facility: Penal charges: Rs.89/- + S.T. per quarter at all centres SB A/c without cheque book facility Penal charges: Rs.54/- + S.T. per quarter at all centres

Charges for excess debit entries in Savings Bank account ATM / INTERNET transactions not to be counted / reckoned

  • Up to 10 Customer induced debit entries a month: FREE
  • Beyond 10 debit entries: FREE (It is charged for other customers)

Personalized Cheque books per calendar year


50 Leaves (Free)

Issuance of DD/Pay slips


6 DD Per Quarter Free if AQB in the preceding quarter is maintained at Rs.10000/- and above else DD charges applicable