savings Account for the Elderly Provide saving services to individuals registered in the government’s Welfare Benefits for the Elderly program
Principle Wadiah
Type of deposit Savings deposit
Required Applicant’s Qualifications An individual registered in the government’s Welfare Benefits for the Elderly program.
Terms and Conditions No minimum opening deposit.
A passbook will be issued to an account holder. 
No fee on an account having no transaction within the required period.
No minimum balance.
 Waive fee of transferring Welfare Benefits to elderly customers’ accounts.
ATM  No ATM application fee.
No annual fee in the first year