Savings Account

A rupee saved is a rupee earned – Save with Andhra Pradesh Mahesh Co-operative Urban Bank.

Savings Bank Account gives you an opportunity to set aside a portion of your small savings that provides you with hassle free access to your money while earning a monetary return.

Features

• Minimum balance (without cheque book facility) – Rs.500/-
• Minimum Balance (with cheque book facility) - Rs.1,000/-
• Initially 40 Cheque Leaves Free there after charges applicable will be levied.
• Multi City Cheque Book facility.
• RuPay ATM Cum Debit Card with Accidental Insurance of Rs. 1.00 Lac free
• RTGS / NEFT Facility
• SMS Alerts on your mobile.
• Mobile Banking - IMPS.
• Utility Bill Payments.
• Internet Banking Facility.
• Direct Benefit Transfer (DBT) and Adhaar Linking for LPG Gas and other Subsidies.

Who Can Open
All individuals, either singly or jointly, Societies and Trusts.
Other Conditions
Saving Bank accounts are basically meant for the purpose of Savings and only personal transactions ( Non-trade) are to be routed through the account. Number of Transactions should be moderate.
Requirements

• 2 Passport size Color Photos
• PAN Card
• Address proof (you can provide any of the following)
  • Driving License
  • Voter Identity Card
  • Passport
  • Aadhaar Card with current address
  • Job Card issued by NREGA duly signed by an officer of the State Govt.
  • Letter issued by the National Population Register containing details of name & address.
• Identification proof (you can provide any of the following)
  • Driving License with current address
  • Voter Identity Card
  • Passport
  • PAN Card
  • Aadhaar Card.