• ho@bnsb.co.in
  • 07453-230343

Daily Deposit

Deposit by way of daily amount is made in the account during the one year.

  • Nomination facility available.
  • Premature payment available (certain terms & Condition apply)
  • Loan facility against the Deposit available.
  • KYC not required, if already having Saving Account with the Bank.
  • 3.0% interest on deposit

Rules & Regulations for Daily Deposit Bank Account

  • Every Depositor must have to fulfill KYC norms as per RBI directives
  • Guardian can open Minor’s Daily Deposit A/c. When minor turns major, thereafter providing valid age proof, They can withdraw the amount with their own signature.
  • The premature amount is payable after 3 month of opening account date.
  • If customer’s deposit more then 100000 lakh then customer provided PAN Card.
  • Loan facility is available against Daily deposit up to  70%.
  • Interest on Daily deposit is calculated on Monthly basis.
  • The customer must have to preserve safely their passbook in custody. The Bank is not responsible for any misuse of their pass book
  • If maturity and prematurity amount is more than 20000/- bank has not payment in cash mode.