Deposit Products

Checking Account

Versatile, low-cost checking account best suited for customers who want to be able to conduct unlimited transactions and do most of their banking online. Use our online banking to transfer funds between your accounts. Gain more than just interest by combining your Checking account with Savings account or Money Market account. 

  • $500 Minimum Balance for US Based consumer accounts
  • Free ATM-cum-Debit Card: Transact free of cost with your ATM-cum-Debit card at STAR network ATMs in USA and State Bank group ATMs in India
  • Free Online Rupee remittance to India
  • Free ACH transactions and Unlimited Check writing


Savings Account

Start Savings with a low minimum balance high yield savings account. Use our online banking to transfer funds between your accounts.

  • Interest bearing with $500 minimum balance for US Based consumer accounts. Click for current rate information.
  • Free Online Rupee remittance to India
  • Free ACH transactions
  • Maximum of six free withdrawals or transfers during a calendar month or statement cycle of at least four weeks. Transactions beyond this limit will attract service charge of $10 per statement cycle.


Money Market Account

Manage your surplus funds with interest bearing Money Market deposit account. Check writing and ATM-cum-Debit card gives flexibility to use your funds. Use our online banking to transfer funds between your accounts.

  • Interest bearing with $5,000 minimum balance for US Based consumer accounts. Click for current rate information.
  • Free Online Rupee remittance to India
  • Free ACH transactions
  • Maximum of six free withdrawals or transfers during a calendar month or statement cycle of at least four weeks, such transfers or withdrawals include but are not limited to checks, ACH or debit card transactions. Transactions beyond this limit will attract service charge of $10 per statement cycle.


Certificate of Deposit

Earn competitive interest rates when you deposit funds for 30 days to 5 years with Certificates of Deposit (CDs). Attractive APYs for all terms. Minimum opening deposit is $2,500. A penalty may be charged for early withdrawal. Combine with your transaction accounts to earn a higher return on your surplus funds. Open your CD online through Online Banking. Click for current rate information.


New Account Application


For more information on service charges, fees, terms and conditions for all Deposit Products check our Account disclosure.



Important Information about new procedures for opening an account:

Mandated by the USA Patriot Act: 

To help the government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act, a Federal Law, requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account, including business accounts.

What this means for you:

When you open an account, we will ask for your name, address, date of birth and other information that will allow us to verify identifying documents. If you are opening an account on behalf of a business entity, documents relating to the business may also be requested.