The main objective is opening of Savings Bank Account to the beneficiaries of NCC cadets (10 -25 years) for receiving DBT/Scholarship credits and allowing them operating the account independently.

Student community of NCC cadets 

Branch & CPC to ensure that the age of the NCC cadet is above 10 upto 25 years
The accounts shall be opened with zero balance. Maximum balance in the account shall not exceed Rs. 1, 50,000 in case the age of NCC Cadet is less than 18 years, the account shall be subject to debit freeze in case the balance exceeds Rs 1, 50,000.No further transaction shall be allowed in the account by the branch. However, in case the age of the Cadet is 18 years & above, there shall be no limit in the balance of the Account
The operations in the accounts shall be permitted without the requirement of maintaining minimum balance. No penalty shall be levied even in accounts with ZERO balance.
Free, No Six monthly charges.
Free as per service charges schedule, provided the NCC cadet aged 10-25 years provide his/her valid mobile number not linked to any other account. Branch to ensure that digital services are activated instantly after opening the account.
The account holder shall be encouraged to provide nomination details in the prescribed account opening form.