Passbook Savings Account
Our Passbook Savings Account caters to the individual and group customer for whom it is important to have transactions recorded in a passbook. The convenient pocket-size passbook offers customers the opportunity to follow account transactions and maintain accurate records. Interest is calculated on the minimum balance for the quarter and paid at the end of April and October.
How to Apply
The requirements for the opening of a Passbook Savings Account are:
1) Minimum opening balance of $5,000
2) Valid Identification Card or Passport
3) Proof of Address
Along with the above, the following is also required for Joint Parties, Partnerships, Friendly Societies etc.:
4) Letter from the Secretary with extracts of Minutes of Meeting on decision to open a Bank Account
5 ) Certificate of Registration of Business
6 ) A completed Account Mandate
