Savings Account – TTC Co-operative Bank Limited

Basic Savings Account

Experience hassle-free banking with our comprehensive savings account features

We offer 3.25% Interest on savings bank deposit.
Customer has to maintain minimum balance or Rs.500/- for cheque book facility.
We also open zero balance savings account with certain conditions/ limited transaction.
We offer nomination facility for all deposit accounts.
Customers can open single or joint accounts, which can be operated as per instructions such as “Any One”, “Jointly”, “Any Two Jointly”, or “Either or Survivor”.
We offer computerized passbook to our account holders.
We are member of deposit Insurance and credit guarantee scheme in which customers deposits are insured up to Rs. 5 Lac.

Important guidelines and regulations you should know

Every Depositor must have to fulfill KYC norms as per RBI directive.
The Customer has to give all the valid proof under KYC norms at the time of opening an account as per RBI Guideline.
Guardian can open minor’s savings account. birth proof of children is required.
The Bank’s management having right to close the account after notice if account holder do not keep sufficient balance to clear inward cheque or ECS.
The customer must have to preserve his/her cheque book & passbook in his custody. The Bank is not responsible for any misuse of cheque book & pass book.
Interest on Savings deposit is calculated on daily balances as per RBI’s directives.
The customer without cheque book facility will be given withdrawal form at the time of payment. The withdrawal form will be given to the account holder only and only at the time of payment.
The Passbook should be accompanied with the withdrawal form.
Stop payment of particular cheque/s facility is available but the customer has to keep sufficient balance to match the cheque amount then only the cheque will be returned with the reason of stop payment and stop payment charges will be levied from the account.
The Bank is having all rights of appropriation, set off, lien and change the rules and regulations.