Who can open savings Account

  • Individual in his own name.
  • Two or more individuals in their joint names with suitable repayment instructions.
  • A guardian on behalf of a minor.
  • In the name of clubs, societies, associations, educational institutions, trusts, firms, partnership concerns, executors and administrators. Secretaries, Treasures, Managers or other duly constituted officers of Corporations whether incorporated or not. The Rules governing such institutions and all other necessary information should be furnished in writing when opening the account.

 Note : Nomination Facility is available.

 Initial deposit at opening of account

 Minimum amount of just Rs. 1000/-.

 Minimum amount of Rs. 1000/- for cheque book facility.

 Rate of interest

 3.00%

 The interest will be paid at rates applicable for the period of deposit as prescribed under the Reserve Bank of India's rules/directives/guidelines from time to time and fixed by the Bank.

Rate of Interest for SSB A/c maintaining above Rs. 1,00,000/-

5.00%

 The interest will be paid at rates applicable for the period of deposit as prescribed under the Reserve Bank of India's rules/directives/guidelines from time to time and fixed by the Bank.

Cheque Book facility

 Will be provided to the account holder who maintains a minimum balance of Rs.1000/-.

 First CTS cheque book will be provided free of cost, subsequent cheque book will be charged

 Passbook

 No charge will be applicable for the passbook issued to the depositor on account opening.

 Duplicate passbook

 Duplicate passbook will be issued on payment of applicable charges.

 NEFT/RTGS facility

 NEFT/RTGS facility available

 Demand Draft Facility

 Demand Draft Facility available

Non maintenance of minimum balance

 Will be charged

Documents required for opening the accounts

  • Identity Proof and Address Proof: Passport/Aadhar card/ Driving Licence/voter ID card
  • PAN card
  • Photographs

 Note : Aadhar card is mandatory to open account

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0824 - 2421369, 2445742

Toll Free Number: 1800 123 2966

MCC Bank Ltd
Hampankatta, Mangalore - 575001

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0824-2421369, 2445742

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