Assam Gramin Vikash Bank Savings Account

Charges & Fees 

1. The calculation of interest on clean advances depends on the number of days funds are advanced and the clearing time at different clearing centres. No selection fees will be charged. Outstation cheques/drafts have a 0.59% fee plus applicable collection charges for each slab. The purchase/discount of demand bills has a fee of 0.59% plus a collection fee (clean/documentary). 
2.  For usance bills, there is a fee of 0.65% plus collection charges for bills in accordance with respective slabs, and interest/discount from the date of purchase/discount until the due date, with the appropriate interest rate for working capital advances, plus collection charges as applicable to bills for collection for the respective slab.  
3. A charge of Rs.201 per instrument will be applied for the return of inward clearing cheques for individuals, with a 10% discount for pensioners and senior citizens.  
4. A charge of Rs.254 per instrument will be applied for non-individuals. If documents covered by IBCs are sent free of charge to the bill's drawee by a bank on the drawer's instruction, the collecting bank will impose a handling fee of Rs.118 per instrument plus out-of-pocket costs for local cheques and bills and Rs.177 per instrument plus out-of-pocket costs for outstation cheques and bills. 

Receipt of out-of-state checks 

Documents Required 

To open a savings account, the following documents are mandatory: 

1. Permanent address and telephone number 
2. Account Opening Form (AOF) and other attachments 
3. Minimum balance as required by the bank 

The banker will verify the AOF and attachments and provide an account number if satisfied. Once the account is opened, you will receive a chequebook, passbook, debit card, and other documents. 

Important factors to consider when opening a Gramin Vikash Bank savings account in Assam: 

1. Research and choose a bank with the highest interest rate 
2. Choose a nearby bank branch 
3. Fill out the AOF in capital letters using black ink, countersign if there is any overwriting 

1. Consider a bank that assigns a relationship manager 
2. Use the nomination service 
3. Bring initial KYC documents for proof 
4. Remember to maintain the minimum balance in the account 
5. Provide address proof papers for mailing and permanent address if different 

1. Visit the branch in person to sign the account opening form in the presence of a bank official (as required by some banks) 

How to Open Assam Gramin Vikas Bank Savings Account 

You can open a savings account at Assam Gramin Vikash Bank as a sole holder or jointly with multiple people. Joint accounts may have different holding modes, such as "Anyone or Survivor," "Joint," etc. All joint account holders must complete the KYC procedures. 

To open a savings account at Assam Gramin Vikash Bank, follow these steps: 

1. Visit the bank branch in person where you want to open the account 

1. Complete the Account Opening Form (AOF) for a savings account 
2. Fill out the necessary customer information and details in the form, such as name, address, contact number, email, PAN, type of account, nominee's name, etc. 
3. Attach KYC documents such as PAN, proof of address, and proof of identity with the completed AOF.