The Janata Co-operative Bank Ltd.

दि जनता को-ऑपरेटिव बैंक लि.

Saving Accounts See FORM

Key Benefits

  • An ideal option to cultivate the habit of banking and Saving.
  • Simplest way of making small Savings into big.
  • Easy to operate/handle.
  • Deposits upto statutory limit are insured by DICGC.
  • Option for money withdrawal by cheque, withdrawal forms and ATM.
  • Facility of nomination.
  • Interest @ 3.25 % p.a. applied twice in a year in March & September.
  • Free 40 cheque leaves in a calendar year.
  • No Folio charges.

Terms & Conditions

  • Opening & minimum balance Rs. 1000/- (with cheque book) & Rs. 500/- (without cheque book) & Basic Saving Bank Deposit Account (without cheque book, there is no minimum balance)
  • Charges as per bank’s rule for not maintaining monthly minimum balance.
  • 40 cheque leaves in a calendar year are free of charges.
  • While depositing Rs. 50,000/- or above in aggregate in one day, PAN No. is necessary.

Documents required :

  • Three passport size photograph.,
  • Proof of Identification & Address.
  • (i) Passport

    (ii) PAN card

    (iii) Voter’s Identity Card

    (iv) Driving License

    (v)Job Card issued by NREGA duly signed by an officer of the State Govt (vi) The letter issued by the Unique Identification Authority of India ( UIDAI) containing details of name, address and Aadhaar number.

    Where ‘simplified measures’ are applied for verifying the identity of customers the following documents shall be deemed to be 'officially valid documents:

    i. identity card with applicant's Photograph issued by Central/State Government Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, and Public Financial Institutions;

    ii. letter issued by a gazetted officer, with a duly attested photograph of the person.

    Where ‘simplified measures’ are applied for verifying for the limited purpose of proof of address the following additional documents are deemed to be OVDs :.

    i. Utility bill which is not more than two months old of any service provider (electricity, telephone, postpaid mobile phone, piped gas, water bill);

    ii. Property or Municipal Tax receipt;

    iii. Bank account or Post Office savings bank account statement;

    iv. Pension or family pension payment orders (PPOs) issued to retired employees by Government Departments or Public Sector Undertakings, if they contain the address;

    v. Letter of allotment of accommodation from employer issued by State or Central Government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies. Similarly, leave and license agreements with such employers allotting official accommodation; and

    vi. Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India.

  • An introduction as per Bank’s Norms.
  • PAN Card/ Form 60.
  • Copy of Aadhaar Card.


  • This account should be considered in normal banking service available to all .
  • This account shall not have the requirement of any minimum balance.
  • The services available in the account will include deposit and withdrawal of cash at bank branch, receipts /credit of the money through electronic payment channels or by means of deposit / collection of cheques drawn by Central /State government agencies and departments.
  • There will be no limit on the number of deposit that can be made in a month. The account holders will be allowed a maximum of four withdrawals in a month.


  • The above facilities will be provided without any charges.
  • No charge will be levied for non operation / activation of inoperative “Basic Saving Bank Deposit Account”.
  • This account would be subject to RBI instructions on KYC / AML for opening of bank accounts issued from time to time.
  • Holders of this account will not be eligible for opening of any other savings bank deposit account in that bank.
  • Any other existing account has to be closed within 30 days by the customers.