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.