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Current Account

Current Deposit (CD) Account is a transactional account where there is no restriction on number of transactions in the account. Current Deposit (CD) Account can be opened for individuals and business concerns including non-profit organizations.

Features and Benefits :
  • Unlimited transactions (both deposit and withdrawals) are allowed.
  • Personalized MICR Cheque Book is available.
  • No withdrawal notification required.
  • Nominal service charge.
  • Any branch banking facility (Cash withdrawal and deposit from any branch).
  • Bank accepts Standing Instructions from A/C holders.
  • Interest is payable on half yearly basis.
  • Nomination facility is available to nominate beneficiary for account proceeds.
  • Charge free statement of A/C, Balance Confirmation Certificate twice in a year on half yearly basis.
  • Option is available to collect e - Statement on monthly basis.
* Please contact nearest SEBL branch or call 16206 for details.