The account benefits different private organizations and their employees.
The account can be opened with zero balance in the name of individual employee.
The Bank may provide account statement monthly free of charge
savings interest rate plus 0.5%
The Bank may grant a term loan facility to account holders, up to a maximum amount equal to the deposited Provident Fund amount, for the purchase of consumer durable goods: House, Vehicles or any other fixed asset
The opening and closing procedures shall be the same as that of s/a or c/a, except additional requirements.