DEPOSIT SCHEMES
We present to you our Rate of interests for all the Deposit Schemes such as Savings Account, Fixed Deposit, Pension Scheme, Recurring Deposit and Daily Deposit.
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HCBL also provides Daily Deposit Scheme in which the agents appointed by the bank will reach out to the customers and collect the daily deposit minimum of Rs 50/- but in multiples of Rs 50/-.The minimum amount which can be deposited on a particular day is Rs 50/- and maximum is Rs 1000/-* .Through this scheme we will be able to develop the saving habit in customers and will enable them to deposit money on daily basis from their home itself to fulfill their financial requirements for better future and prosperity.(Schemes and application form enclosed).
WHO CAN OPEN THESE ACCOUNTS?
Our target customers under this scheme will be lower middle class persons person below poverty line, rickshaw pullers , business man, small shopkeepers, Thelawala’s, hawkers etc. Any person following all the rules and procedures of the bank is eligible to open the account provided:
1. Person has completed 18 years of age otherwise account will be opened U/G of natural guardian.
2. Account can be opened only through the bank’s authorized agent.
3. Fulfills prescribed KYC Requirements as mentioned below. *
*a) Regular KYC norms as prescribed by RBI, from time to time.
*b) Relax KYC norms.
In case the account is opened under category (a) the customers will be required:-
To furnish copy of Aadhar Card & Pan Card as proof of identity which will be verified by the branch official with the originals. If the customer is not able to provide copy of Aadhar Card /Pan Card, he will have to give proof of application of enrollment for Aadhar card & form-60 and certified copy of an officially valid documents such as:
Passport
Pan Card
Voter ID Card
Driving license
NAREGA Job Card authorized by competent authority.
One recent Photograph.
2) Address Proof:-
Passport
Voter ID
Driving License
However the customer will have to submit his/her Aadhar card & Pan Card compulsorily within 6 months otherwise, no operation shall be allowed in the account after 6 month from the opening of account as detailed in the KYC Policy of the Bank.
If the account is opened in category (b), relax KYC norms, the customer will be requested:
a) To keep balances not exceeding 50,000/-in their all accounts taken together.
b) The total credit summation in all the accounts taken together is not expected to exceed Rupees One Lakh (1,00,000/-) in a year.
c) For such customers, branches are permitted to open accounts subject to the conditions that the branches shall obtain a self attested photograph from the customer and the designated officer of the branch will certify under his signature that the person opening the account has affixed his signature or thumb impression in his/her presence.
WHO CAN BE AGENT ?
i) A person who has attained the age of 18 years.
ii) Is of sound mind.
iii) Is not convicted of any offense by any court and is not having any criminal background.
iv) Complies full KYC norms of our bank.
v) Must be at least Matriculate (High School).
HOW TO BECOME AN AGENT?
i) A person who complies above criteria must fill in the application form as enclosed.
ii) Provide the bank guarantee of at least one person of substantial means whose KYC must be completed and is willing to sign guarantee agreement.
iii) The Branch Manager of the respective branch with which the agent will be attached must ensure verification of his/her address by physical visit.
iV) Police verification of the agent.
V) The Agent will have to furnish a security deposit of 25,000/-
Vi) The Agent will be provided with a hand held device the cost of which along with the SIM used in the machine will also be borne by him/her.
Vii) He/She must possess his/her own mobile number.
Viii) The agents will have to open a “Savings Bank Account” with and an initial deposit of atleast 1000/-
iX) The Agent will deposit the entire amount collected the same day or next day by 10.30 a.m.in the branch with which he/she is related.
*For more details kindly contact your nearest HCBL branch location.