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Saving Deposit Schemes

Saving Deposits

Saving account at Akola Urban Bank comes with bouquet of facilities at no extra cost to the customers. Individuals,Students and eligible organizations/ agencies can open this account with the Bank after completion of KYC formalities. Saving bank ordinary account can be opened with an amount of Rs.500# & account with cheque book can be opened with an amount of Rs.1000/ #-. The amount can be withdrawn from saving account by way of cheque or withdrawal slip. The interest is paid @ 2.50% p.a. on half yearly basis.. Nomination facility is available on accounts of individuals. A passbook is issued to the account holder without any cost.

  • # To be maintained as minimum balance.

Banking Facility