1. The deposits held in these accounts shall be payable on short notice period but the notice must not be less than 7 days.
   
   
2. The deposits may be accepted for the period and rates of profit are fixed by Head Office from time to time.
   1. Profit shall be paid only for each day held, but profit on notice period will be forfeited; if withdrawn without notice.
   2. Profit on MSND account shall be applied on yearly basis (i.e. December each year)

Branches may open any of the following kinds of accounts:

1. Accounts of Individuals.
2. Joint Accounts.
3. Proprietary Concerns.
4. Partnership Concerns.
5. Accounts of Private Limited Companies.
6. Accounts of Public Limited Companies/Corporations/ Autonomous bodies.
7. Trust Accounts.
8. Accounts of Liquidators
9. Accounts of Societies, Associations, Clubs,
10. Accounts of Local Authorities. etc.