Central Bank of India Account opening process in simple step by step. Looking to open bank account in Central Bank of India? Although you may not find Central Bank of India in the list of best bank in India, but according to me for a savings bank account any bank if perfect if it is near to your home.
In this article I will be sharing various useful information and how to guide which will help you to open a savings account in Central Bank of India or by visiting their nearest branch.
In this article, I will be sharing information like Central Bank of India saving account form filling guide, Central Bank of India saving account interest rate, Central Bank of India minimum balance for current account, Central Bank of India account balance enquiry or how to check account balance, cheque book request form download, Central Bank of India online login & net banking guide at one place.
Types of Savings account in Central Bank of India
Like every bank Central Bank of India also provide various types of savings account as per individuals need. Here are the various types of bank account options available at Central Bank of India.
- HSS Account
- Cent Premium
- Cent Param
- Cent Balbhavishya
- Cent Salary Saving Scheme (CSSS)
- Cent Bachat Khata
Central Bank of India Savings Account Interest Rates 2017
Central Bank of India savings account will give a nominal 4% interest rate on your deposits like almost every other banks in India. If you open Cent Samvridhi Savings Account then you will get 4% and daily basis.
Savings Accounts Minimum Balance Requirements
|Type of Savings Account||Minimum Balance Required|
|Cent Samvridhi Savings Account||Average Quarterly Balance of Rs. 25,000|
|Cent Premium Savings Account||Average Quarterly Balance – Rs. 50,000 (for rural and semi-urban branches), Rs. 100,000 (metro and urban branches)|
|Cent Bachat Khata||Rs. 50|
Documents Required to Open a Bank account in Central Bank of India
Any of the following documents bearing photograph of the holder is also accepted for the purpose of identification
- ID and address proof (Passport, Voter’s ID, Driving Licence, Aadhar card, NREGA card, PAN card)
- 2 passport-size photographs
- Specimen Signature Card
- Copy of PAN Card/Form 60 or 61 (if customer does not have PAN Card)
- Any other related documents applicable to Students, Minor, HUF, Trusts, Association etc.
Filling the KYC document is mandatory now a days while opening bank account in India. So make sure you are furnishing all necessary documents at the bank branch.
Eligibility to open Central Bank of India savings account online
- A person in his individual
- More than one person in their joint names
- A minor jointly with a major
- A minor over the age of 12 years who can read and write and operate the account personally
- Charitable and educational institutions (if they do not conduct business of commercial nature)
- Blind Persons
- Illiterate persons
- Organizations / agencies / bodies that are specifically permitted to open saving account
Steps to open a bank account in Central Bank of India
The account opening process is almost similar to other bank only. You can’t open a bank account in Central Bank of India complete online mode only. Follow the process below.
First of all you have to visit Central Bank of India savings account opening page. From there download the application form and also the KYC form.
Now fill both the form carefully and then collect all the mandatory documents. Take original documents and copy ones as you have to submit the proofs.
Next you have to visit the nearest central bank of India branch and submit the application form, KYC form filled properly with your or applicant signature with documents attached.
After successful verification only, they will open your bank account and provide you a passbook with the net banking KIT.
So, if you think that you should open a savings account in Central Bank of India which is very near to your home then its perfectly fine as you should have your account in any bank but near to your home only. You can also invest your savings account money in various deposit schemes to earn more interest. Share your thoughts on this article about how to open a bank account in Central Bank of India and write your experiences here if any.