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Savings Account in Chennai
There is a saying, “One should save today for a better tomorrow “. But at the same time, you may need money to fulfill your daily needs. Our saving account will help to earn good interest at the same time you can access your money when you need. Our current interest rate for a savings account is 5%. You can open a savings account with us with a minimum balance of Rs.300 only. We are providing individual as well as joint savings accounts.
Features of Savings Account
We offer 5% interest which subjects to change
The minimum balance required for a savings deposit is Rs.300 /-.
Interest is calculated on a daily balance and paid every month.
The maximum balance eligible for interest is 1 lakh.
No cheque book facility.
Documents Required for Opening Savings Account
Proof of Identity – Voter ID, Aadhar Card, PAN Card (anyone).
Proof of Address – Voter ID, Aadhar Card, Ration Card, Telephone Bill, Property Tax Bill & Lease Deed (anyone).
Two Passport size photographs.
Rupees One hundred for Membership Enrolment.
Rupees Three hundred for opening Savings Deposit Account.
Deposit accounts can be opened in the name of minors and should be operated by a Guardian who should be a member of AR Capital.