Establishment
The Karnal Co-Operative Bank, Karnal
The Karnal Central Co-Operative Bank Karnal
Saving Bank Rules

Opening Of Saving Bank Account

Any person approved by the bank may open the saving bank account agrreing upon to comply with the rules governing the saving bank account.

Only one saving bank account may be opened .

By a person in his/her own name.

By more then one person in thier joint name

By a minor who may be able to read and write & who is not below 14 years of age at the time of opening of the account.

By a natural guardian i.e father or mother on behalf of minor, or by a guardian appointed by court of law.

An account may be opened with minimum of Rs.500 only in cash & the same will be maintaned to keep the account running,balance less than Rs.500,account will be closed at the bank discretion.

Interest rate of 3.50% per annum.

 
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