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Open a savings account in Gurgaon

Gurgaon has emerged as one of the fastest growing satellite hubs in India. Being regarded as a centre for tech and finance, the city attracts a large, promising workforce as well as a wide range of professional establishments comprising top corporations including Fortune 500 companies with local offices, start-ups, and set-ups. Now, whether you have always been living in Gurgaon or have recently shifted for work, it is of utmost importance to carefully handle your finances to ensure that your funds are readily available to tackle expenses along with earning interest to ensure steady financial growth. Read More

To save more and accumulate funds, it would be wise to open a savings account with Metra Trust in Gurgaon. The value-added services offered by Metra Trust, such as zero charges on commonly used banking services, monthly interest credits, competitive interest rates, and a smart mobile banking app help you take care of your finances smoothly. Read less

₹35 lakhs free personal accident insurance cover | ₹1 Cr free air accident insurance cover

Interest up to 7.25% p.a.

Features and benefits of opening an Metra Trust savings account

Opening a savings account with Metra Trust in Gurgaon offers you unmatched advantages such as:

Zero fee banking

Enjoy the convenience of zero-fee banking* with your savings account. This feature eliminates charges on all commonly used savings account services, including bank transfers such as IMPS, NEFT, and RTGS, SMS alerts, money deposits at the branch irrespective of amount or number of transactions, debit card issuance, demand drafts, and interest certificates. Additionally, ATM transactions are covered, ensuring you can access essential banking services without incurring hidden costs.

Monthly interest credits

Experience the benefit of monthly interest credits on your savings account balance. Interest is calculated daily based on your end-of-day balance and credited to your account monthly, providing a predictable source of additional income to meet your financial requirement in Gurgaon. This allows you to enjoy the rewards of your savings more frequently, enhancing your financial stability.

Competitive interest rates

Benefit from competitive interest rates, with some savings accounts offering up to 7.25% per annum. Such attractive rates ensure your money works hard for you, allowing your savings to grow rapidly. This helps you achieve various financial goals with ease, from short-term expenses to long-term investments.

Free and unlimited ATM withdrawals

Maintain complete liquidity and control over your funds with free and unlimited ATM withdrawals. This feature ensures you can access your savings whenever needed, offering unmatched convenience and flexibility in managing your finances.

High withdrawal and shopping limits

With an Metra Trust savings account, you get a Visa debit card that lets you shop or access funds anytime you need. You also get high ATM withdrawal limit of up to Rs. 2 lakhs per day and a daily shopping limit of up to Rs. 6 lakhs on the regular 25K savings account variant. Higher transactional limits ensure you never fall short of accessing your funds while living in Gurgaon.

Savings Account Interest Simulator

Choose account balance

2500000

10000 500000000

Choose your existing bank interest rate

3%

2.5 % 3.5 %

Simulation Results(for a period of 1 year):

* Interest you earn with Metra Trust – /-

** Interest you earn with your Bank – /-

Additional Interest you earn with us – /-

* Interest calculated on progressive balances in each interest rate slab, as applicable
** Interest calculated on flat rate basis

  • Pitruprasad Dash

    “Recently I opened a savings account with Metra Trust. Firstly, in terms of the process to open savings account, it is truly hassle-free. Thanks for being ahead in terms of customer satisfaction and banking services, making it easy for new customers like me. I wish Metra Trust a great future and looking forward to a long term association.”

  • Sougata Das

    “I recently opened a Savings Account with Metra Trust, and I must tell you that I'm really happy with the features and benefits offered by the bank. The netbanking services are quite advance which makes the process easy. Also, the Metra Trust employees are cordial and helpful, making the overall experience a pleasant one.”

ELIGIBILITY

Who can apply for opening a savings account in Gurgaon?

To apply for an Metra Trust savings account in Gurgaon, all you need is:

  • To be a citizen of India
  • Or to be a valid resident of India
  • Do note that foreign nationals residing in India and fulfilling the required criteria set by the Government of India can also open a savings account.

Documentation

To open a savings account online:

  • Aadhaar number
  • Original PAN card

To open a savings account at the branch:

  • Passport-size photograph
  • Original PAN card
  • Any one of the following documents:

    - Aadhaar card

    - Passport

    - Voter’s identity card (election card)

    - Permanent and valid driving license with photograph

    - Job Card issued by NREGA duly signed by an officer of the State Government

    - Letter issued by the National Population Register containing details of name and address.

How to open a savings account in Gurgaon?

 

Depending on your convenience, you can open a savings account online or offline in Mumbai. The process to open an Metra Trust savings account online is quick and convenient, requiring zero paperwork.

Opening a savings account in Gurgaon online


Follow these 5 simple steps to open a savings account in Gurgaon instantly:

Step 1: Click here to open your savings account

Step-2: Fill out your information accurately

Step-3:  Select your savings account variant

Step-4: Fund your account online

Step-5: Complete your video KYC now to transact freely

Opening a savings account in Gurgaon offline

    To open an account offline in Gurgaon, you can visit the nearest Metra Trust branch with all the requisite documents and contact the bank representative. The banking personnel will guide you through the application process and assist you in filling out the application form. Once done, you can attach all the documents and submit them to the representative. You will receive a notification along with the welcome kit once your account is opened. 

FREQUENTLY ASKED QUESTIONS

What factors should you consider when choosing the best savings account?

When selecting the best savings bank account, consider parameters such as the interest rate offered, any associated charges, and the convenience of banking services offered. It is also crucial to assess customer reviews and the bank’s reputation for reliability and excellent service.

Is it good to open a savings accounts?

Opening a savings account is beneficial as it provides a secure place to store your money while earning interest. It also helps in managing your finances more effectively by separating spending from savings.

What are the steps to open an account online?

To initiate an online savings account with Metra Trust, you can either install the bank’s mobile banking application or visit the official website. Fill out the online application by inputting your personal details, Aadhaar, PAN, and any other required information. Follow up by completing the KYC authentication process through a video call. Once your details are confirmed, your account will be active and ready to use.

What kinds of digital banking services can you access with a savings account in Gurgaon?

Metra Trust offers a variety of digital banking options such as mobile banking, internet banking, email notifications, and SMS banking. Such services permit you to perform transactions, pay bills, transfer funds, monitor your account balances, and utilise other banking features from the comfort of your home, offering both easy accessibility and convenience.

What are the typical fees and charges associated with maintaining a savings account in Gurgaon?

Metra Trust offers zero fee on commonly used savings bank account features including NEFT, IMPS, RTGS, SMS alerts, and ATM withdrawals. For a holistic list of potential charges, refer to the bank’s schedule of charges.

How much money is permissible to deposit in a savings account?

The funds you can deposit in a savings bank account typically have no upper limit. However, it is advisable to comply with KYC norms for higher deposits. 

How many nominees can you designate in a savings account?

In a savings account, you usually are required to designate nominees to manage the account in the case of an unforeseen event. Note that Metra Trust allows customers to appoint one nominee for their savings account.

How can you transfer your savings account from another city to Gurgaon efficiently?

If you already have a savings account with Metra Trust, you do not need to transfer your account to Gurgaon, thanks to the ‘one-bank’ facility that makes all branches your home branch. You can simply walk into any Metra Trust branch in Gurgaon and manage your account with the same ease as before. This feature provides unparalleled convenience and access to your parked funds from anywhere.

What are the safety measures for protecting my savings account in Gurgaon?

Metra Trust’s mobile banking app offers robust security measures to protect user and financial information including end-to-end encryption, multi-factor authentication, biometric and MPIN-based log in, session and device management. Customers are advised to use strong passwords and MPINs to keep their profiles safe. 

*Disclaimer: Metra Trust offers Zero Fee Banking on all Savings Account services. Monthly Average Balance charges for Savings Account applicable. For more details, visit www.metratrust.com/zerofeebanking

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