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Anupam Accounts

Who can open an Anupam Account ?

Account can be opened by individuals, sole proprietorship concerns, partnership firms, associations, trusts, limited companies etc. Minors are not eligible.

What is the minimum amount of deposit and period for opening the account ?

Account can be opened with a minimum deposit of Rs.10,000/- for any period from 6 months to 120 months.

Whether the customer can avail overdraft against the deposits instantly and when a chequebook for overdraft is issued ?

Yes, Overdraft against the deposit is available instantly and automatically. A chequebook is issued at the time of accepting the deposit.

Whether simple/compound rate of interest is payable on deposits ?

Interest on deposit is paid on quarterly compounding basis at term deposit rates.

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