NIC Social Account is a complete banking to the non-profit making organizations. It is an interest bearing current account specially designed to avail banking opportunity to NGOs/INGOs, trusts, government and local government offices, hospitals, educational institutes, diplomatic missions, embassies, club/societies/community organizations, etc.

Special Features

• Account can be opened with a minimum balance of Rs 1,000
• Interest rate of 3% p.a. calculated on daily balance
• Unlimited withdrawal facility (One day prior notice to be given for any withdrawal above Rs 1million)
• Free ABBS facility (up to Rs 200K per day)
• Telephone /mobile bill payment facility
• Discount on lockers, drafts, ATM/Debit Cards and TC issuance charge
• Internet and SMS banking facility
• Salary management solution (salary payment only)