Pension Savings Scheme Offers clients to save their hard earned money every month for a secured future.
Features and Benefits
Loan of Maximum 80%
against the lien of the
PSS amount deposited can
Client have to pay the Installment Amount by 15th day of a Month.
Advance Installment can be provided.
Installment amount can be given from any branch of our Bank
A Person of 18 years of age and above having a sound mind can open the account.
A person can open more than one PSS account for any amount at any branch of the Bank in such case separate form should be filled in.
The account can be opened at any working day of the month.
Account opened within 1st 15 days of any month will be treated as account opened on that particular month. If the account is opened after 1st 15 days of any month in that case 1st installment will be due from the following month.
PSS account can be opened in the name of a minor. In that case minorís legal guardian can operate the account.
PSS account cannot be opened in joint names or in the name of any intuition.
Applicants must satisfy the following documentation requirements:
Photocopy of Citizenship Certificate / Passport/ National I.D. Card / Driving License.
Two copies of recent passport size photograph duly attested by the introducer.
Certified document(s) for source of income.
Cheque on Self or Cash deposit;
Fees and Charges: As per existing schedule of charges which is separately displayed/shown on the web site.
Monthly Installment Size and Benefit After Maturity