Our Services

A Current Account would entitle you to make unlimited number of payments. Through a pre-arranged limit you can also enjoy the security of a check payment guarantee, should your balance in the account be insufficient for the payment of a cheque. Interest on the overdrawn amount is levied only for the days the account is overdrawn.
Current accounts can be opened in single or joint names. Your money remains fully secure at all times. Nomination facility is also available. Unlimited credits permitted in all accounts. Cheques collection facility in all cheques-book accounts. We also undertake to make routine payments on your behalf at periodic intervals, should you so desire. Free account transfer facility between our branches.
For Current Account customers we offer:

• Facilities of 24-hour cash through ATMs
• Telebanking facilities
• Internet Banking

Our Saving Bank Accounts offer an interest rate of 4.5% p.a., compounded half-yearly.
With a Savings Bank account you enjoy the privilege of a passbook, for an efficient management of your transaction records.
Low minimum balance requirements.
Unlimited credits permitted.
Full liquidity with interest earning.
Savings accounts can be opened in single or joint names. Your money remains fully secure at all times. Nomination facility is also available. Unlimited credits permitted in all accounts. Cheques collection facility in all cheques-book accounts. We also undertake to make routine payments on your behalf at periodic intervals, should you so desire. Free account transfer facility between our branches.
For Savings Bank Account customers we offer:

• Facilities of 24-hour cash through ATMs
• Telebanking facilities
• Internet Banking

At our Personal Banking Branches you also have the option of a super saver account, Savings Plus, where you earn interest at term deposit rates on balances exceeding a predetermined limit. The limit is set by you (minimum requirement is Rs. 10000) and the period of the term deposits is also selected by you (over a wide range of 6-36 months). The investments are made by us automatically. Your funds are, therefore, never idle. As all term deposits are created under Vinayak MODS you enjoy high liquidity with high interest.
Savings Plus accounts can be opened in single or joint names. Your money remains fully secure at all times. Nomination facility is also available. Unlimited credits permitted in all accounts. Cheques collection facility in all cheques-book accounts. We also undertake to make routine payments on your behalf at periodic intervals, should you so desire. Free account transfer facility between our branches.
For Savings Plus Account customers we offer:

• Facilities of 24-hour cash through ATMs
• Telebanking facilities
• Internet Banking

Want to create a fund for your children’s education or marriage or to buy a car or for a dream holiday? Whatever your financial goals you can aim to achieve them with our Recurring Deposit Accounts. Set aside a small amount every month (minimum Rs. 100 – no maximum) and earn interest on the whole amount at Term deposit rates.
We offer a fixed installment RD where you can arrange with us, at no cost, to automatically transfer funds every month from your SB or current account to your RD account.
You can open an account for maturities ranging from 12 to 120 months. Pass book issued for a record of all transactions. Premature withdrawal of accumulated amount permitted. Accounts can be opened in single or joint names. Nomination facility is also available.

Safe Deposit lockers are available at the bulk of our branches, at nominal rent, allowing you to secure your valuables. You can rest assured they will be safe with us.

Pradhan Mantri Jan-Dhan Yojana (PMJDY) is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings & Deposit Accounts, Remittance, Credit, Insurance, Pension in an affordable manner.
PMJDY Account can be opened in any bank branch. These accounts are being opened with Zero balance. However, if the account-holder wishes to get cheque book, he/she will have to fulfill minimum balance criteria.