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Savings Account

In order to inculcate saving habits amongst the customers, T Bank offers an easy to operate Saving Deposit Scheme with attractive prevailing rate of return as high as 5.00% at monthly rests (Annualized rate of 5.90% p.a), which is one of the highest offered amongst the Banks.

  • Individuals
  • Associations/ Clubs/ Social Welfare Trusts/Community Based Organization
  • Religious Bodies/Organization
  • Non Government Organization (NGO)
  • On behalf of minor
  • Non Bhutanese Individual

For Bhutanese Individuals

  • A copy of CID
  • 2 copies of passport sized photographs.
  • Legal Stamp.

For Minor Account

  • A copy of CID (Parents/Guardians)
  • A copy of health card of the minor/Family Tree
  • 2 copies of passport sized photographs (Parents/Guardians)
  • Legal Stamps
  • Letter of undertaking by parents/guardians to be filled which is available at the branches

For Non Bhutanese Individuals

  • A copy of Work Permit issued by the Government of Bhutan
  • Voter Card/Passport
  • 2 copies of passport sized photographs
  • Legal Stamp
  • Letter from the employer in Bhutan

For Club/Associations/Welfare (Non-Profit Making Organization)

  • Application letter from employer
  • 2 copies of passport sized photographs of each office holder
  • Meeting minutes, a letter from the Gup, or certified copies of the club's by-laws/rules/association documents.
  • Relevant documents should mention purpose and source of income
  • Legal stamp
  • At least two signatories of the account operators

For Trusts/Business Organizations/Government Departments

  • Letter from the Head of Organization
  • Minutes of meeting
  • Letter authorizing the members concerned to open and operate the account
  • 2 copies of passport sized photographs of the members operating the account
  • Legal stamp
  • At least two signatories of the account operators

  • Unrestricted amount of Deposit & Withdrawals.
  • Can be linked with an ATM to facilitate withdrawals by cards.
  • Can be linked for Internet and SMS banking services.
  • Fund transfers through different mediums like Internet Banking and TPay
  • No restriction on maximum balance.

The VAS (Value Added Services) and cheque book facilities are not available for minors and thumb impression account holders.

  • The account can be operated either singly/jointly, Either or Survivor (EOS).
  • Cheque book facility available.

For joint account holder, only Primary account holder can be linked with the TPay and SMS banking facilities.

Dormant Account

All Savings Bank Accounts that have had no transaction for a period of one year are considered "DORMANT ACCOUNTS." However, the operation of a dormant account shall only be permitted after updating the KYC, if required, and proper verification of identification.

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