This account offers limited transactional features without ATM or cheque book access. It provides interest earnings and allows loan facilities against deposits based on employee policies and enterprise requests, with formal documentation to be completed accordingly.
Here's what we offer
- Minimum Balance: 0
- ATM cards and cheque books shall not be provided to the customers.
- Debit shall be restricted in the account
- Interest Rate
Benefits
- Loan facility against the deposit amount can be enjoyed by the account holder as per the employee by laws and request of the enterprise (up to 90%).
- For this purpose, the loan will be booked in the name of the account holder. A separate document for this purpose shall be made in the due course of time.
What you need to apply
- The account shall be non-operative type. Accounts shall be opened only upon formal request of the enterprises requesting our bank to open the accounts in the name of their staff.
In Need of Assistance?
We're here to help you. If you have questions or can’t apply online, call 16600166667 Support Center 01-5970068