PAN Card Services
In terms of Section 206AA of Income tax Act, 1961, introduced by Finance (No. 2) Act, 2009, w.e.f. 1st April, 2010, it will be mandatory for every person including a non-resident, entitled to receive any sum or income or amount, on which TDS is deductible, to furnish his/her PAN to the Bank, failing which TDS will be deducted at the rate of 20% or rate applicable, whichever is higher.
Declaration in 15G/15H for non deduction of TDS shall be treated invalid if PAN is not quoted in the said forms and Bank shall proceed with deduction of TDS at higher rate as mentioned above.
Customers can avail the services for applying PAN CARD at designated branches of the bank.
To contact any of our branches for further details click here
No Minimum Balance, No initial deposit to open the account.
No restrictions like Age, Income Criteria for opening BSBD Account.
All provisions of KYC, AML, PML are applicable.
Passbooks are given free.
Maximum of Four withdrawals in a month including ATM withdrawals;
RuPay ATM Cum Debit Card with Accidental Insurance of Rs. 1.00 Lac free
No charges for all the above facilities
The Hon’ble Prime Minister in his Independence Day Speech on 15th August, 2014 announced a comprehensive program of Financial Inclusion targeting the large number of people who are currently deprived of even rudimentary financial services. The PradhanMantri Jan DhanYojana (PMJDY) sets out to provide a basic Bank account to every family who till now had no account.