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CENT Bachat Khata

CENT BACHAT KHATA

  • With a view to make basic banking services available to vast section of the society, Central Bank of India has launched the No Frills savings deposit account “Cent Bachat Khata”

Salient features:

  • A minor, who has completed the age of 10 years, able to read and write may open a savings account independently in his/her own name and operate upon it personally.  A satisfactory proof of age will have to be furnished to the Bank.
  • An account can be opened with initial deposit of Rs.50/-.Minimum balance of Rs.50/-
  •  No service charges for non maintenance of the minimum balance.
  • Fifty withdrawals per year free of charge.
  • Total credits in a year should not exceed Rs.100000/-& balance in the account should not exceed Rs.                                          50000/- in all accounts taken together.
  •  Nomination facility is available.
  • Account can be opened in any branch of bank.
  • In BSBD/PMJDY accounts, 4 debit transactions (including ATM, digital transactionetc. In month excluding premier or installments of PMSBY/PMJJBY/APY) is allowed.
  • There is no limit for credit transactions.
  • For more details contact to nearest Branch.