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  • 50 Years of Excellence

Andaman & Nicobar State Cooperative Bank

  • Call Us
    1800-345-3196
  • Banking Hours
    Mon - Sat: 9:00 AM - 4:30 PM
  • Transaction Hours
    Mon - Sat: 9:00 AM - 3:30 PM

Andaman & Nicobar State Cooperative Bank

  • HOME
  • ABOUT BANK
    • Overview
    • Heritage
    • Mission/Vision
    • Managing Director’s Statement
    • Board of Directors
    • Senior Executives
    • Annual Reports
    • Calender
  • PRODUCTS
    • CASA
      • Saving Deposit
      • Current Deposit
      • Privilege Banking
      • Minor Account
      • Small Account
    • TERM DEPOSIT
      • Fixed Deposit (FD)
      • Recurring Deposit
      • Family Benefit Scheme (FBS)
      • Freedom Deposit
      • Reinvestment Scheme (RIS)
    • LOAN
      • Farm Sector
      • Non Farm Sector
  • SERVICES
    • ATM Service
    • Micro ATM
    • RTGS/NEFT facility
    • OTHER SERVICES
    • Digital Banking and Card Block
    • Bank IT Initiative
    • Others
  • NETWORK
    • ATM Network
    • Branches
    • PACS
    • Gallery
  • BANK’S BEST PRACTICES CODE
    • Fair Lending Practices
    • Know Your Customer (KYC) Norms
    • Nomination Rules
    • Payment of Interest on the deposit accounts of deceased depositors
    • Safe Deposit Locker Facility
    • Salient features of genuine Currency Notes
    • Systems & Procedures
    • Renewal of Accounts
    • Banking & funds Reports
    • Privacy Policy
    • New openings
    • Results
  • CONTACT US
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Small Account

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Small Account means a saving account in which the balance at any point of time does not exceed rupees fifty thousand. Provided, that this limit on balance shall not be considered while making deposits through Government grants, welfare benefits and payment against procurements.  The aggregate of all withdrawals and transfers in a month does not exceed rupees ten thousand; and· the aggregate of all credits in a financial year does not exceed rupees one lakh;

A Small Account is ideal for those subscribers who don’t have the relevant documents to open a bank account under the Pradhan Mantri Jan Dhan Yojana scheme. An account holder can deposit a maximum amount of Rs. 50,000 in this account.

Benefits

It comes with a debit card that is widely accessible. It comes with a low minimum average quarterly balance requirement. It offers the benefit of moderate earning to the account holder. It allows the account holder to maintain a maximum balance of Rs 50,000.

INDIVIDUALS

INTEREST:
Interest will be paid @ 3% p.a. (half yearly). Interest for the period October to March and April to September will be calculated and credited in the months of March and September each year.

PASS BOOK:
Pass book will be supplied to every savings bank depositor showing the number of his account, name and address and transactions with date, amount and particulars.

MINIMUM REQUIREMENT FOR OPENING A/C:

  1. Introduction by a person known and acceptable to the bank.
  2. 2 copies of the latest photograph.

GENERAL:
The Bank reserves the right to alter, amend, and rescind the rules from time to time.

  • Unclaimed Deposit
  • Service Charges
  • IFSC/MICR Codes
  • KYC
  • ATM Network
  • Download Application forms

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Business plans Competitive research Economics Finance & accounting Funding trends Innovation News

About Us

It is a matter of satisfaction for the Cooperative sector that the Andaman & Nicobar State Cooperative Bank Ltd. has positioned itself at second after SBI in respect of deposits and first in advances. it has been pioneer in extending many facilities to its customers and has computerized its counter services in 1992.

Quick Links

  • Unclaimed Deposit
  • Service Charges
  • IFSC/MICR Codes
  • KYC
  • ATM Network
  • Download Application forms

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Contact Us

  • Maulana Azad Road, P.B No. 289, Port Blair – 744101.
  •        Andaman & Nicobar Islands (INDIA)
  • 03192-233395
  • [email protected]
  • www.anscbank.in

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