Account can be opened with a minimum initial
deposit of Rs.100/- to Rs.500/-
Convenient and easy to operate account to
save time and money.
Suitable for irregular income groupNo
time bar on depositing or withdrawing money.
Who can open
this Account?
A person in his/her name.
More than one person in their joint names.
Minor through guardian or himself if above
10 years of age.
Illiterate persons.
Blind persons. - Associations, clubs, Societies,
Trusts, etc.
Facilities
Anywhere banking facility.
ATM/Debit card.
Telebanking facility.
Cheque book facility
SB
Ujala -No Frills Account
Main Features
A variant of Saving Bank account to ensure
financial inclusion and to strive for making banking services
easily accessible to all segments of society.
Minimum initial deposit is Rs.50/-. However,
customers also allowed to open the account with a banking instruments
like Banker's cheque, etc. However, minimum balance of Rs 50/-
is mandatory to keep the account operational.
The maximum balance in a SB Ujala account shall be Rs 50,000/-.
The maximum credits allowed in a SB Ujala account should not exceed Rs 1,00, 000/- in a year.
4 withdrawals permissible per month.
Cheque book facility available to account
holder/s maintaining average quarterly balance of Rs.1000/- and
above for past 6 months
