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Old January 16th, 2017, 01:00 PM
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Join Date: May 2011
Default Re: Greater Bank Account Details

A Savings Bank account in The Greater Bombay Co-Operative Bank Ltd is meant to promote savings habit among people.

It also helps in bringing financial discipline among the people.

Saving Deposits

Savings Bank accounts facilitate people to access accounts at the time of financial needs.

There is also a steady return in the form interest at a fixed interest rate, currently it is 4.00% p.a.

Saving Bank Account can be opened by:

Individual ā€“ Single or Joint
Minors ā€“ with Guardian
Regd. Societies & Trusts
Hindu Undivided Families (HUFs)


Account opening form, duly signed by the account holders
Customer Information File (CIF) form (for new accounts)
Introduction from existing account holder
Photograph of account holders
Photo identity such as photocopy of PAN Card, Driving License, valid Passport, Aadhaar Card
Proof of residence in the form of photocopy of Electricity / Telephone bill, valid Passport, Aadhaar Card etc.

Basic Features

Nomination Facility
Personalized Cheque- Book facility
Standing Instruction Facility
Free ATM Card

Various Saving Bank Schemes -

Greater Sadhan Saving Bank Scheme - With Cheque Book Facility (Account can be opened with a balance of Rs. 1000/- only.)

Greater Sweekar Saving Bank Scheme - Without Cheque Book Facility (Account can be opened with a balance of Rs. 500/- only.)

Greater Simple Saving Scheme (SSS) - (Account can be opened with a balance of Rs. 10/- only.)

Greater Bal Sulabh Saving Bank Scheme - Minors can operate deposit accounts.

GB Premier Salary Savings Deposit Scheme - Group Salary SB scheme

Other Services-

Free ATM usage.
8 a.m. to 8 p.m. personalised banking in selected branches
Fund remittance facility such as issue of Demand Draft, Pay Orders, RTGS, NEFT, N-ECS.
E-TDS payments.
Any Branch Banking through Core Banking Solution.
Lockers at Competitive Price.
Demat facility.
Bancassurance (Life Insurance / General Insurance).
Mutual Funds
Bill Centre.


Corporate Office

The Greater Bombay Co-Operative Bank Ltd
Churchgate Chambers, Ground floor, Sir Vithaldas Thackersey Marg,5, New Marine Lines , Mumbai - 400020.
Email Id: info@greaterbank.com
Tel: 022-61285900
Fax No: 91-22-22618530
Answered By StudyChaCha Member
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