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AB Easy Savings (No-frills account)
 
To make banking facilities available to vast sections of population our Bank introduced No Frills Savings A/c with name and style "AB Easy Savings Bank" account.
 

 Features


  1. Minimum balance of Rs.5/-
  2. No Charges on non maintenance of Minimum Balance
  3. No other service charges
  4. No Restrictions on the number of withdrawals in the account. Drawals only
    through withdrawal forms accompanied by pass book.
  5. No cheque book shall be issued
  6. No ATM / Debit card facility
  7. No ABB facility
  8. Relaxed KYC Norms,       
    • Introduction by an existing account holder. The introducer's account with the bank should be at least six month old and should show satisfactory
      transactions.
    • Any other evidence as to the identity and address of the customer to the satisfaction of the bank.
 
 Conditions

  1. The total balance in the account at any point of time should not exceed   Rs. 50000/- 
  2. Total Credits in the account should not exceed Rs. 100000/-in a year.  If either of the one, i.e. total balance or credits exceeds the set limits no further transaction will be permitted in the account. In such cases the customer has to close the account and open normal savings account fulfilling the complete KYC Norm
 
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News & Events

PMRY beneficiaries

New Deposit Scheme AB BONANZA with 9.40% p.a.

Due to unexpected technical difficulties we need to temporarily disable AB Speedway service wef 1st April 2012

New Scheme AB PROFESSIONAL LOAN

NEW YEAR CAR CAMPAIGN: Avail car loans at attractive interest rates

Complain to Local Police/Cyber Crime Authorities against Fictitious Offers of Money from Abroad

PPF and SCSS schemes

As per RBI guidelines dated 04.11.2011, with effect from 01.04.2012 the validity of Cheques/Demand Drafts / Pay orders and Bankers Cheques is three months

Do Not fall Prey to Fictitious Offers of Funds Transfer

Our annual profit Rs.1,345 Crore

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