Cash Certificate accounts may be opened for persons after they are properly identified to the Branch Managers.

The accounts may be opened by :
i. a person in his/her own name. or
ii. minor(s) represented by his/her/their guardians.or
iii. two persons with one of the following clauses :
   a. Joint
   b. Either or Survivor
   c. Former or Survivor (or)
iv. more than two persons repayable either
   a. jointly or
   b. to any one or more among them or the survivor(s)
    of them. or
v. a firm, a company or association in its name.

   The clause repayable to either or survivor/former or survivor/any one or more or survivor(s) includes the right to the survivor(s) to apply before the date of maturity for repayment or for credit facilities against the security of the deposit.

   The clause repayable to Former or Survivor includes the right to the Former to apply before the date of maturity for repayment or for credit facilities against the security of the deposit or change in the name of the survivor without the consent of the survivor.In view of the survivorship clause facilitating the survivor to get payment of the balance on the due date, it is desirable for constituents to opt for ‘Either or Survivor' account.