Some of the benefit
Account opening
The account can be opened with zero balance in the name of individual employee.
Interest rate
The Bank may provide account statements monthly free of charge
Incentives savings interest rate plus 0.5%.
Term loan
The Bank may grant a term loan facility to account holders, up to a maximum amount equal to the deposited Provident Fund amount
- The account benefits different private organizations and their employees.
- The account can be opened with zero balance in the name of an individual employee.
- The Bank may provide account statement monthly free of charge
Incentives savings interest rate plus 0.5% - The Bank may grant a term loan facility to account holders, up to a maximum amount equal to the deposited Provident Fund amount, for the purchase of consumer durable goods: House, Vehicles or any other fixed asset
The opening and closing procedures shall be the same as that of s/a or c/a, except additional requirements.
Eligible Customers
Forms you’ll need
