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CSB Students Support Savings Scheme
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‘CSB…Students Support Savings Scheme’- (SSSS). A savings bank account with the following features. Eligibility: Students of recognized/reputed Schools/Colleges/ Professional Course Entrance Coaching Centres including Professional Colleges, from Standard I * onwards upto Final Year of Diploma/ Graduation/Post Graduation. Fund Remittance facility upto Rs 50,000/- per month free of cost. Introduction: By the Head of the Educational Institution where the student is pursuing his/her studies or by any properly introduced existing customer. If the account is opened with the introduction of a person other than the Head of the Institution, satisfactory proof to the effect that the applicant is a student, such as copy of the fee receipt, certificate from the educational institution etc should be produced. Initial Remittance and Minimum Balance: The accounts can be opened and operated on Zero balance basis and there will be no stipulation regarding minimum balance. Cheque Books and ATM Cards: ATM Cards/Global Support Cards will be issued to account holders under this scheme, wherever feasible, free of cost. However, no cheque books will be issued, irrespective of whether ATM card/ Global Support Card has been issued or not. * If the student's age less than 12 years, KYC norms of Natural /Legal Guardian should be complied with.
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