We offer nomination facility for all deposit accounts.
We offer Computerized passbook to our Account holders
Customer can open Savings A/c for his/her minor children.
Customer gets 4% Interest on Savings Bank Deposit as per RBI's Directive.
Customer has to maintain minimum balance or Rs.1000/- for Cheque Book facility.
We are member of Deposit Insurance and Credit Guarantee Scheme in which customers deposits are insured up to Rs. 1 Lakh
Customer can open single/joint account and that account can jointly, operate as per instruction like Any one, Jointly, Any two Jointly either or survivor etc.
Open AND Maintain accounts with LALA Bank, We are committed for comfortable, trustworthy services
Rules & Regulation for Savings Bank Account
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 Guidelines
Guardian can open Minor's Savings Account. Birth Proof of Children is required.
The Bank having right to freeze the account after notice if account holder do not keep sufficient balance to clear inward cheque or ECS as per the guidelines given by RBI.
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.
Cheque book charges will be Chargeble.
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 regulation.
Saving Account Features
Requirements to Open Current Bank Account
Passbooks issued and updated immediately.
Cheque books issued immediately
Quick money transfer through RTGS/NEFT
Outstation Bankers Cheque facility
Any branch banking
Nomination facility available
Interest rate 4.0%.
Minimum service charges.
Launching soon Mobile banking.
RuPay Debit Card Facility.
Payable "AT Par" cheque facility available.
Minimum balance INR 300/- without Cheque book.
Minimum balance INR 1000/- with Cheque book.
Valid Photo I.D. - Any one of proof (Photo I.D.)
Voter ID Card
Government Approved College/university I.Card
Government/Semi government/Department I.Card
Address Proof - Address Proof(Any One)
Electricity Bill (not more than 2 months old)
BSNL Landline Telephone Bill (not more than 2 months old)