Savings Account:
A rupee saved is a rupee earned – Save with Mahesh Bank.
Savings Bank Account gives you an opportunity to set aside a portion of your small savings that provides you with hassle free access to your money while earning a monetary return.
Features
Who Can Open
All individuals, either singly or jointly, Societies and Trusts.
Other Conditions
Saving Bank accounts are basically meant for the purpose of Savings and only personal transactions ( Non-trade) are to be routed through the account. Number of Transactions should be moderate.
Requirements
Basic Savings
Features
No Minimum Balance, No initial deposit to open the account.
No restrictions like Age, Income Criteria for opening BSBD Account.
All provisions of KYC, AML, PML are applicable.
Passbooks are given free.
Maximum of Four withdrawals in a month including ATM withdrawals;
RuPay ATM Cum Debit Card with Accidental Insurance of Rs. 1.00 Lac free
No charges for all the above facilities
PMJDY
The Hon’ble Prime Minister in his Independence Day Speech on 15th August, 2014 announced a comprehensive program of Financial Inclusion targeting the large number of people who are currently deprived of even rudimentary financial services. The PradhanMantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account.