These accounts are designed to help the individuals (personal customers) to inculcate the habit of saving money and to meet their future requirement of money. Amount can be deposited/ withdrawn from these accounts by way of cheques / withdrawal slips. It helps the customers to keep minimum cash at home besides earning interest.
Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Visually Impaired persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc. Trusts, Institutions/Agencies specifically permitted by the RBI.
Simplest deposit option available to the depositor.
An ideal option to cultivate the habit of banking and saving amongst the younger generation.
Easy to operate. Terms and conditions kept lucid to facilitate a layman's understanding.
No hidden costs.
Deposits are insured by DICGC.
Interest being calculated on daily product basis and will be credited quarterly or at the time of closing the Account.
Provision for nomination.
The Nainital Bank Limited,Head Office, Seven Oaks Building, Mallital, Nainital Uttarakhand - 263001
For ATM/Other Unauthorised /fraudulent transactions related grievance: 1800 180 4031 (24*7 Support)For Queries/Suggestions/Feedback/ Grievance other than ATM (10 AM to 6 PM ) 8069840140 (Please add prefix 0 or +91 before dialling) (This facility is not available on 2nd & 4th Saturdays, all Sundays and Bank Holidays)
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