Nainital Bank Nainital Bank - Home Page
  • Bank has opened its 129th Branch at Moradabad Road, Kashipur and 130th branch at Kanth Road, Moradabad. new

  • Notice- Extension of last date for submission of Applications for Recruitment of Specialist Officers(Notification dated October 15, 2016)new

  • Waiver of Processing, Documentation & Other charges applicable on Housing Loan "Apna Ashiana" and Vehicle Loan "Suhana Safar" upto 31.03.2017.new

  • MOU signed between Nainital Bank & India First Life Insurancenew

  • Bank has opened its specialized Loan Processing Centre "Naini Loan Point" at Lucknow, New Delhi, Dehradun and Haldwani.new

  • Application for converting existing saving account to PMJDY( Basic Saving Bank Deposit ) Account. – Click here for download

  • Bank conferred with Excellence Award for excellent performance under Pradhan Mantri Jan Dhan Yojna(PMJDY).

  • Notice for the customers regarding CTS-2010 Standard Cheque Forms. Click here…

130 Branches - 100% CBS/RTGS/NEFT Enabled
Home > Personal Banking > Deposit > Deposit > Naini Gold Sweep In
Naini Gold Sweep In
Naini Gold Sweep In :

Nainital Bank offers Naini Gold Sweep In schemes for 90 days/30 days. It can be opened through your saving or current account. It provides a way to earn more interest on your saving/ current account balance.

Eligibility :

Any Resident Individual - Single Accounts, Two or more individuals in Joint Accounts, Illiterate Persons, Blind persons, Purdanasheen Ladies, Minors, Associations, Clubs, Societies, etc. Trusts, Institutions/Agencies specifically permitted by the RBI eligible to open a “Naini Gold Sweep In" Account" in single/joint name/s.

Features :
  • The sweep unit will be of 90 days for saving account and 30 days for current account.

  • The unit value will be of Rs.25000/- for saving account and Rs.100000/- for current account.

  • Unit will be liquidated in Last In First Out system.

  • Tax is deducted at source, from the interest on Naini Gold Sweep In, as applicable, as per the Income Tax Act, 1961.

  • Nomination facilities are available