ELIGIBILITY Individuals, Joint accounts, Clubs, associations, trusts, Govt. Bodies, societies (including co-operatives), educational institutions, associations and other non-trading organizations.  Minors who have completed ten years of age can apply in their names. MINIMUM BALANCE You need to maintain a minimum balance of Rs. 100/- for non-cheque operated accounts and Rs. 500/- for cheque operated accounts in branches in rural and semi-urban areas. It is Rs.500 for non-cheque operated account and Rs.1000 for cheque operated account in other branches. For pension accounts the minimum balance is Rs. 5/- for non-cheque operated accounts and Rs. 250/- for cheque operated accounts REQUIREMENTS FOR OPENING ACCOUNT Application, Proof of identity, Address proof, Introduction, Passport size photograph. INTEREST RATE 3.50% p.a. INTEREST PAYMENT Interest is payable half-yearly, every January and July on the minimum balance in the account, between the 10th and last day of the month LOAN AGAINST DEPOSIT Not permitted BENEFITS International VISA Debit Card Instant Credit of Outstation Cheque upto Rs.15,000/- Internet banking facility. Multicity Cheque facility Nomination facility Standing Instruction Facility Speedy transfer of funds Anywhere Banking Insurance Products VALUE ADDITIONS Maintain an average quarterly balance of Rs.10,000 and above in the account and get the following facilities:- Inland drafts / mail transfers not exceeding Rs.10,000/- per month, limited to 2 occasions in a month per depositor issued without any commission/exchange. Collection of inland outstation instruments such as cheques / drafts / dividend warrant etc not exceeding Rs.10,000/- per month irrespective of the number of instruments per depositor is done without collection charges.