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Presenting Sankalp Savings Account for Rural India
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With the Sankalp Savings Account, you can be in charge of your money. Avail low maintenance fees and many more benefits. It is an account designed to meet the financial needs of Emerging India.
The benefits of Sankalp savings account are as follows:
1) Higher cash Deposit/Withdrawal Facility - Now deposit or withdraw charge free cash up to Rs. 24 lakhs per annum.
2) Say goodbye to Non-Maintenance Charges - Avoid non-maintenance charges by maintaining Average Quarterly Balance (AQB) of Rs. 2500 (Rural)/Rs. 5000 (Sem-Urban) or on booking a Term Deposit of Rs. 50,000.
3) Attractive Interest Rates - Earn FD like interest in your Savings Account with ActivMoney.
4) Special Pricing on Loans - Avail preferential pricing on Gold Loan, Two Wheeler Loan and Tractor Finance.
5)#Payshopmore Debit Card - Get #Payshopmore debit card with our Sankalp Savings Account and save while you spend on shopping.
Sankalp Savings Account is only available in select branches. Explore and pick the best option as per your needs. The eligibility criteria for sankalp savings account is that you should be a resident of India (sole or joint account) OR A member of Hindu Undivided Family (HUF)
Click here to know the eligibility criteria for sankalp savings account
The minimum balance requirement for sankalp savings account is Average Quarterly balance (AQB) of Rs. 2500 (Rural)/Rs. 5000 (Semi-Urban) OR Term Deposit of Rs. 50,000 (minimum 365 days). Whereas the charges for non maintenance of minimum average balance is 6% of the shortfall in required AQB
per quarter (Max upto Rs. 125/-)
Sankalp Savings Account documents required for account opening are as follows:
1) Identity Proof - Driving License, Passport, Voter's ID, Aadhaar Card
2) Address Proof - Passport, Driving License, Voter's ID, Aadhaar Card, Utility Bill, Bank Statement, Bank Account Passbook (Updated and no more than 3 months old)
3) Signature Proof - PAN Card, Driving License, Passport
4) Latest Passport Size Photographs
The sankalp savings account fees and charges for cash deposit and withdrawls is Nil up to 24,00,000/ year cumulative. Post these limits, charged at Rs 4.5 / 1000 (Minimum Rs. 150)
