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Everything you need to know about opening a savings account in Surat

Surat is one of the most populous cities in Gujarat that also offers a varied range of employment opportunities to people from across the country. Popular for its diamond industry and growing contribution to Gujarat’s economy, Surat offers individuals access to professional and allied industrial services at an affordable rate. Read More

Now, if you are living in Surat and want to manage your finances in a more efficient manner, consider opting for an Metra Trust savings account. Metra Trust’s savings accounts offer three key features that help with growing your savings – zero-fee banking, monthly interest credits, and competitive interest rates! 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 in Surat

Opening a savings account with Metra Trust in Surat 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 Surat. 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 Surat.

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 Surat?

To apply for an Metra Trust savings account in Surat, 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 Surat?

 

You can open a savings account online or offline in Surat depending on your convenience. The process to open an Metra Trust savings account is quick and convenient, and it requires no paperwork.

Opening a savings account in Surat online


Follow these 5 simple steps to open a savings account in Surat 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 Surat offline

    To open an account offline in Surat, 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 are the steps to open an Metra Trust online savings account in Surat?

You can open an Metra Trust online savings account in Surat in two ways – downloading the Metra Trust mobile banking app or visiting the bank’s official website. After completing the online application form, you must provide your personal details such as PAN, Aadhaar, and other required details. You must then finish the KYC procedure via a video verification process. Your account will be activated once verified. 

Can I transfer my savings account from another city to Surat?

With Metra Trust, all branches are your home branch. This means that there is no need to transfer your savings account to Surat, you can simply walk into any Metra Trust branch and operate your account hassle-free, without any restrictions. 

What digital banking services can I access with an Metra Trust savings account in Surat?

You can access a wide variety of digital banking services with an Metra Trust savings account in Surat. These include SMS banking, mobile banking, internet banking, and email alerts. You can also complete bank transactions, pay bills, and transfer funds using the Metra Trust mobile banking app. 

How much can I deposit in my savings account?

There is no maximum limit on the amount that you can deposit in your savings account. However, do ensure to comply with KYC norms for higher deposits. 

How to grow my savings while living in Surat?

Three key features provided by Metra Trust’s online savings accounts can help you considerably grow your savings while living and working in Surat. These features are – zero fee banking, high interest rates, and monthly interest credits. You can make the most of these features by downloading the Metra Trust mobile banking app on your phone. 

How to choose the best savings account in Surat?

The best savings account for anyone living in Surat must offer all-time access to banking services, must provide high-end security features, and must help you save more monthly. Metra Trust’s online savings accounts offer these features along with zero-fee banking, making these accounts a favourable option. 

How can I access my savings account in Surat via online banking?

You should register for internet banking on the Metra Trust website. You can use your customer ID and password to log in. If you wish to use the Metra Trust mobile banking app to do access your account, you just have to download the app, register, and log in to manage your account on the go. 

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

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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