Q:

What types of accounts does the State Bank of Travancore offer?

A:

Quick Answer

State Bank of Travancore offers current, savings, recurring deposit and term deposit accounts, as of 2015. The bank offers personal accounts for Indians living in India as well as non-resident Indian citizens.

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Full Answer

State Bank of Travancore’s current account offers monthly account statements and Internet banking facilities. Its recurring deposit accounts allow deposits for a period ranging from 12 to 120 months with fixed monthly remittances. Account holders can make premature withdrawals and avail Nomination facilities.

The bank’s savings account is open to minors above the age of 10. It offers ATM, Internet and mobile banking services. The bank also has Twinkle Thrift Deposit, Prathibha Deposit, Little Star Savings Deposit and variable deposit schemes.

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