The Product is introduced with aim to mobilise the Accounts of employees from private Establishment/School/Hospitals/Units in MIDC etc. It is to be ensured that minimum 5 employees of each establishment should open the A/C. The average salary of employees may be around Rs.12.000/- Per month.

Features :

• A/C Open With 0 zero Balance

• Mobile Banking - Free

• Cheque book, ATM- at cost

• Nomination facility is avaliable

• Monthly Average Balance-NIL

• No limit on maximum balance

• Pass Book through Mobile App (No Physical Passbook to be issued)

• Free Consolidate account statement on email (Hard Copy at Cost)

• Monthly salary amount credit our saving account compusory

Saving account at Akola Urban Bank comes with bouquet of facilities at no extra cost to the customers. Individuals,Students and eligible organizations/ agencies can open this account with the Bank after completion of KYC formalities. Saving bank ordinary account can be opened with an amount of Rs.500# & account with cheque book can be opened with an amount of Rs.1000/ #-. The amount can be withdrawn from saving account by way of cheque or withdrawal slip. The interest is paid @ 2.50% p.a. on half yearly basis.. Nomination facility is available on accounts of individuals. A passbook is issued to the account holder without any cost.

• # To be maintained as minimum balance.