Regular Savings
KVB offers Savings accounts for the purpose of inculcating the habit of savings among general public so that a portion of one's earnings can be set apart for future needs.
Features and Benefits
- Can be opened in the names of individuals singly / jointly / with either or survivor options.
- VISA Debit cards, Internet Banking, Mobile Banking facilities are available.
- Nomination facility available.
- If a person attains 60 years, he will enjoy the benefit of a senior citizen account. For more details click here.
To check Interest rate: Click here
Terms and Conditions
- A penalty of Rs. 200/- will be levied for non-maintenance of minimum balance.
- Customers should provide a satisfactory introduction, address and ID proof in order to comply with KYC norms.
- Sufficient balance should be maintained in the account at the time of issuing cheques.
Charges and Limits
| Cash remittance at base branches | Free - up to Rs. 3 Lakhs per month. Rs. 2.25/- for each Rs. 1,000/- beyond the free limit with a minimum charge of Rs. 10/-. |
| Cash withdrawal at base branches | Free without any limit (Self Cheque). Rs. 50,000/- per day per party (Third Party cheque). |
| Cash withdrawal at non-base branches | Free without any limit (Self Cheque). Rs. 50,000/- per day per party (Third Party cheque). |
| Outstation cheque collection charges | 25 cheque leaves per year - Free up to 90 transactions(all debit transactions including ATM transaction) / half-year - free. Above 90 transactions - Rs. 2.25/- per transaction(inclusive of GST). |
