Fincare Small Finance Bank

Savings Account FAQs

What is Imperial Savings account?

Imperial Savings Account is a flagship account which comes with unlimited free transaction, cash deposit & withdrawal, Platinum Debit card with Imperial branding cheque book & debit card holder, exclusive customer support & dedicated Relationship manager.

Any individual who wishes to open an account with initial payment of 5,00,000 & above can open Imperial Saving account. Average monthly balance criteria will be reviewed every 6 months from the date of account opening, if adequate Average monthly balance is not maintained then account will be downgraded to lower variants of saving account of bank.
Nil, but in the event of non-maintenance account will be downgraded post 6 month of account review.
As per the KYC norms of the bank (Official valid documents & Pan Card)
Interest will be accrued on daily basis based on the end of the day closing balances & credited to customers account at the end of every quarter.

Saving Accounts can be opened either as single holder or joint holder saving deposit or for entities

  • Single holder deposits: Individuals or entities as per KYC policy of the bank
    1. Resident individuals above 18 years of age
    2. Minors of any age provided the account is opened through his/her natural or legally appointed guardian. Entities: As per the entities defined in bank’s KYC policy
  • Joint holder deposits
    1. Jointly by 2 or more individuals or entities and any combination thereof as mentioned in the bank’s KYC policy
To know interest rate click here