Saving money habit will improve your quality of life and will help you to feel better and to sleep better. One will be happier knowing he/she has some money aside or unexpected expenses and look forward to achieving some of their dreams. Payquick has introduced a uniquely designed “Saving Account: to inbuilt the habit of saving among people. Scheme updated: 01.January.2022

Calient Features

1. Minimum balance Rs. 500 and interest rate 6.00% with effect from 01.02.2022

2. A person legally empowered to operate a minor’s account can file a nomination on behalf of the minor

3. Applicants can make a nomination by filling up the prescribed form

4. The nomination details can be changed during the subsistence of the account relationship by filling up the form prescribed

5. The account can be opened only for an individual, no joint account facility is available.

6. Minor Account open Savings Account

7. Nomination compulsory, in case the nominee is minor, appointee required with KYC

8. Up to Rs. 20000 cash will be accepted above that cheque or online is compulsory.

9. Cash deposit above Rs. 49,999 PAN Card is compulsory.

10. Different SB account if Possible Some Similar and Some change rule

11. Duplicate passbook will be charged Rs.100/-

12. No hidden charges in this scheme.

13. No transaction charges.

14. No credit and debit charges.

15. No service charges in doorstep banking.

Note:

1. Please produce the original documents for verification and a photocopy of each document
2. Mandatory to provide permanent address and telephone number
3. Please avail of the nomination facility
4. Mandatory to complete the KYC Norms
5. New customer Rs. 100/- for membership and Registration 25/- Only First Time no Applicable Exiting Member.

Terms and conditions apply and all deposit plans are only for Members/ Shareholders.

Saving Account
SNo. Main Features Savings Account
1 Minimum Deposit Rs. 500 Only
2 Nomination Facility Yes
3 Rate of Interest 6.00%
4 SMS Facility Yes
5 Passbook Facility Yes
6 Account Statement Yes
7 Internet Banking (IMPS,RTGS,UPI) Yes
8 App and Personal Login Facility Yes

SAVING ACCOUNT 6% ROI
SNo. MINOR SB OPENNING BAL. INTREST RATE
1 SB BHAVISHY 100 6%
2 SB FIRST 0 4.5%

SAVING ACCOUNT 6% ROI
SNo. SB OPENNING BAL. OPENNING BAL.
1 SB SUPER 100 6%
2 SB BACHAT 500 6.5%