Jestha Nagarik Bachat

In order to keep with the increasing demand from senior citizens/customers, stay in competition by motivating more and more customers to our portfolio by offering higher interest rates to senior citizens who are more concerned on return on their deposits, we are launching deposit scheme called “Jestha Nagarik Bachat Khata” having following salient features.

a. Scheme:
It is one of the various products under saving deposits, under which depositors will have flexibility of withdrawing the amount from the account at any time during the bank’s operation.

b. Minimum Balance Required:
Account can be opened at minimum balance of Rs. 100.00. Check book shall be provided at customer’s request. Other ancillary services like ATM/Mobile Banking may also be provided for the scheme.

c. Interest rate and payment frequency:
4% p.a. subject to changes as per Bank’s policy. Interest is payable quarterly as on end of Ashwin, Poush, Chaitra & Ashad.

d. Eligibility:
Any senior citizen with age of 50 years or above can open the account. Account can be opened singly or jointly with two or more person with survivorship clause even another partner is of below 50 years of age.

e. Target Group:
Senior citizens, pensioners.

f. Other benefits under the scheme:
– Higher return at lower minimum balance.
– Separate counter for senior citizens at Main Branch.
– Ancillary Services like ATM Debit Card/ Mobile Banking can be get against the account.
– Free Checkbook upon request.