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Account Closure Charges

Account Closure Charges

  1. Charges for Closure of Saving/Pre-mature RD Accounts:
  • If closed within 14 days of opening of account – Free
  • If closed after 14 days but within 12 months from the date of opening:
  • Rs.300/- for R/SU branches.
  • Rs.500/- for U/M branches.
  • If closed after 12 months
  • Rs.200/- for R/SU branches.
  • Rs.400/- for U/M branches.
  1. Charges for Closure of Current Accounts:
  • If closed within 14 days of opening of account – Free
  • If closed after 14 days but within 12 months from the date of opening:
  • Rs.400/- for R/SU branches.
  • Rs.800/- for U/M branches.
  • If closed after 12 months
  • Rs.300/- for R/SU branches.
  • Rs.500/- for U/M branches.
  1. Any type of account closed due to death of account holder – Free
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