Get upto 7%* on our Savings Account Balances with Slacfin Bank

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Know About

Savings Account

A savings account is a bank account that earns interest on money saved for future use. Individual savings accounts, Slacfin BAnk savings accounts, Health savings accounts, Christmas clubs, and CDs are all available from Slacfin Bank to help you save for the future.

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Individual Savings Account

Slacfin Bank Savings account allows you to make an unlimited number of in-person deposits and withdrawals with a teller or at one of our locations
 
  • No minimum balance required
  • No monthly service fee
  • Funds accessible via ATM Card
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First Premiere Savings Account

The First Premiere Savings account offers higher interest rates for customers who maintain more than the $2,500.00 minimum daily balance on deposit. The more you have on deposit, the more you earn.
 
  • No minimum balance required, however, if the daily minimum balance becomes less than $2,500.00, the Individual Savings account rate will apply.
  • No monthly service fee
  • Minimum withdrawal is $500.00
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Health Savings Account (HSA)

An interest earning, tax-exempt account that allows you to pay for qualified medical expenses.
 

Christmas Club

An interest earning account that allows you to set aside spending money for the holidays. Paperless and coupon book options available.
 

Certificates of Deposit (CD)

  • Terms ranging from seven (7) days to five (5) years
  • Minimum balance to open varies from $1,000.00 to $2,500.00
  • CDs are automatically renewable
  • Terms of 36, 48 and 60 months offer the option to “bump-up” your rate if the market improves during your fixed term
  • We reserve the right to bid on deposits of $100,000.00 or more
  • Withdrawals prior to maturity are subject to an early withdrawal penalty
  • CDARS is a convenient way to access FDIC insurance on multi-million dollar CD deposits.
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Reach Your
Savings Goal With Us

Year of
2021

%

Income Statement

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Our Savings Account Benefits

We help businesses and customers achieve more.

  • Earn Interest up to 7%

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  • Free SMS Alerts

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  • Discounts on Locker

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  • International Debit Cards

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  • Provides Safety

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  • Paperless Banking

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Savings A/c Required Documents

Basic documents required for opening a savings account.

PAN Card
is Mandatory

Duly Filled
Application Form

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Photographs

Color & Passport Size
Photographs

Questions & Answers

Find answers to all your queries about our service.

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  • What is the minimum balance?

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  • What is the rate of interest?

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  • When will I receive my account statement?

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  • Can I use any branch across India?

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  • How safe/secure is our net banking a/c?

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