Date:27/12/2005 URL: http://www.thehindubusinessline.com/2005/12/27/stories/2005122702830600.htm

Back No-frills savings a/c from LKB

Our Bureau

Kochi Dec. 26

, LORD Krishna Bank has opened a no-frills savings bank account. Individuals can open this account at any of Lord Krishna Bank branches.

The account, which does not require a minimum balance, can be opened with a deposit of Rs 50. While the customers can undertake any number of cash transactions, 10 cheque transactions per month are allowed under this account.

The bank also offers collection of two outstation cheques for Rs 10,000 every month free of charge, by recovering only the out-of-pocket expenses, a press release from Lord Krishna Bank has said.