Deposits

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SB Account

SB account can be operated by individual and meant for saving money in the bank. A customer can deposit or withdraw money from his/her SB account. Interest is paid for the balance maintained.
Minimum Balance – Rs.250/- (without cheque book)
Minimum Balance – Rs.250/- (with cheque book)
Minimum Balance—Rs.1000/- (with ECS facility)
You can open a SB Account with TUCB by filling up & submit opening form along with two passport size photo, copy of voters identity card or AADHAAR ,PAN card (Any one document towards proof of identity and proof of address)
SB Account Interest Rate is 4% (with effect from 01/04/2011)

Current Account

Current accounts are meant for the convenience of firms, companies & business concerns. A customer can deposit or withdraw any amount of money any number of time if current account has sufficient balance. In current account no interest is paid for the balance maintained.

Minimum Balance for a Current Account is Rs. 500/-
You can open a Current Account with TUCB by filling up & submit opening form along with two passport size photo, copy of voters identity card or ADHAR ,PAN card (Any one document towards proof of identity and proof of address) of the person/persons those who are authorized to operate the current account , copy of resolution in the case of partnership firms , entity proof (business proof) such as partnership deed, memorandum of association and in the case of Companies, articles of association, company registration certificate, GST registration certificate and shop establishment certificate etc. to the concerned Branch Manager. Opening form will be available from our branches.

Fixed Deposits

The account which is opened for a particular fixed period by depositing a particular amount is known as Fixed Deposit. Fixed Deposit will often used by individuals /firms for storing their money for a fixed period of time for their future use. Bank will provides investors with a higher rate of interest than a SB account until the maturity date. The period of fixed deposits range between 15 days to 10 years. If a customer wants to close the deposit before the maturity date ,the bank will charge 1% penal interest.
Filled opening form along with two passport size photo, copy of voters identity card or ADHAR ,PAN card must be submitted to concerned branch manager. Opening form will be available from our branches.
Duration Interest Rate (with effect date 1/07/2020)
15 days to 45 days 5.00%
46 days to 90 days 5.50%
91 days to 179 days 5.75%
180 days to 364 days 6.25%
1 year 6.50%
Above 1 year to 400 days(FD ONLY) 6.75%
Above 400 days 6.50%
Sathabdi Deposit (100 Days) 6.00%
FOR SENIOR CITIZENS 0.50% (ADDITIONAL INTEREST) - Except for Sathabdi Deposit

Recurring Deposit

Recurring Deposit is opened for to finance pre planned future purpose .In RD account a fixed amount is received for customer in every month for specified period and the total amount is repaid with interest on maturity date. The period of Recurring deposits range between 1 year to 10 years. If a customer wants to close the deposit before the maturity date ,the bank will charge 1% penal interest.
Filled opening form along with two passport size photo, copy of voters identity card or ADHAR ,PAN card must be submitted to concerned branch manager. Opening form will be available from our branches.
If RD opened for a longer period, customer get more benefit because of cumulative effect of the interest.
Interest Rates for Recurring Deposits are same as Fixed Deposits.
* Minimum period of Recurring Deposit is 1 year
* Maximum period of Recurring Deposit is 10 years

Unclaimed Deposits

All deposit account, which remain unclaimed/inoperative for 10 years or more is transferred to the bank’s head office on the last working day of every month. And thereafter deposit amount forward to RBI deaf account. In order to facilitate follow up, the list of unclaimed deposits has been made available in our web site.
If your name and identity matches with the data available in the search results, kindly approach the concerned branch for revival of the account or for refund of the deposit with necessary documents in original along with a photocopy.
  • The deposit receipts/SB or CD Pass Book/account number if available
  • Two recent passport size photograph/s of the holders
  • Documents that prove your identity. Indicative documents are listed below: Passport/PAN Card/Voters’ ID/Driving Licence/Aadhaar/NPR Card/Identity card(subject to bank’s satisfaction)
  • Documents that prove your old address given in the account and present residential address. Indicative documents are listed below:
  • Telephone bill/Bank account statement/Electricity/Water/Gas charges bill/Ration Card/Aadhaar /NPR Card/Letter from employer(subject to satisfaction of the bank).