Home | Products | Deposits | Kumar Bachat

Whats New

  • RBI grants Authorised Dealer – category II for retail forex license to Apna bank
  • BSI certifies Apna Bank with the upgraded ISO 27001:2013 cerification for information Security
  • IMPS -Apna Sahakari Bank Ltd. is Live in Immediate Mobile Payment System.
  • Milestone Of Business Mix Of Rs. 5000 Cr. Plus achieved. Thanks To All Our Shareholders & Customers.
  • We are SCHEDULED Bank now. Thanks to all Shareholders, Customers & Well Wishers.
  • Opening branches shortly Borivali(W), Andheri(E), Palghar, Chiplun
Kumar Bachat


KUMAR SAVINGS ACCOUNT
Purpose

To cultivate the habit of saving and learn banking at a young age.

Interest is paid on the balance maintained at the rate specified by the Bank from time to time

Product Features

Features:

  • Any branch banking facility at all the branches
  • Passbook

Eligibility:

A Minor who has completed the age of 8 years upto 18 years can open an account and operate it independently

Minimum Balance : Rs.25/-

(Account is restricted to cash transactions only) 

Rate of Interest 3%
Documents required
  • Duly filled Account opening form
  • K.Y.C form to be filled and signed by Parent / Guardian
  • 2 nos Photographs (Passport Size)
  • Copy of School Identity card / Letter from school
  • PAN Card of Parent / Guardian
  • Residential Proof any one of the following
    • Ration card
    • Electricity Bill
    • Passport (Bring Originals for verification)