|
PRESS RELEASES 2005
A new Deposit scheme titled "UCO No-frills Savings Bank Account" has been launched by UCO Bank with a view to ensuring availment of banking services by a large cross-section of population, who could not uptil now avail of the same on account of the criteria of minimum initial deposit for opening of account as well as maintaining of minimum balance failing which charges are levied. No-frills Savings Bank Account can be opened by them with a minimum initial deposit of Rs.5/- and the Account may continue to be in operation even if the balance in the account comes down to Zero. The minimum initial deposit for customers willing to avail of cheque book facility will be Rs.250/-. The scheme is being introduced for all of our branches at Metro, Urban, Semi-urban and Rural centres without any differentiation. Facilities like collection of local/outstation cheques, remittance of fund through DD/MT/TT as available to normal Savings Bank Accounts are also available to this type of account at similar charges.
|
