Saving Account

Saving money habit will improve the quality of life and will help you to feel better and to sleep better. One will be happier knowing he/she has some money aside for unexpected expenses and look forward to achieve some of their dreams.


Features of Saving Account

  • Minimum amount of deposits for open a saving Deposit account is Rs. 100.
  • The money can be withdrawn by using withdrawal slip in the concerned branches.
  • Saving account is of continuing nature. There is no maximum period.
  • A minimum amount of Rs. 100/- has to be kept on saving account.
  • No loan facility is provided against saving account.
  • Enable the depositor to earn high rate of Interest @ 6.00% p.a based on daily minimum balance.

Additional feature

  • Money Multiplier Facility - Allow us to take care of your idle money by moving it into high interest deposit account earning.
  • Customer Care - Our Customer Care is always available to answer any query or take your instructions.
  • Nomination Facility - You may nominate a person as beneficiary to your account proceeds.
  • Liquidity - You may liquidate your account pre-matured by incurring nominal charges for pre-matured liquidation.
  • The maximum balance in a saving deposit account at any given time qualifying for interest shall not exceed one lakh rupees at any point of time and the specific rate of interest.
  • The company shall not re-pay any deposit with in a period of three months from the date of its acceptance.

Nomination

  • Nomination facility available for deposits.
  • There can be only one Nominee for a deposit account whether held singly or jointly.
  • A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
  • Applicants can make nomination by filling up the prescribed form.
  • The nomination details can be changed during the subsistence of the account relationship by filling up the Form prescribed.
  • For more details approach your branch.

Documentation Require for account opening

Identity Proof : Address Proof :
Passport Passport
PAN card Telephone bill
Voter ID card Electricity bill
Driving license Bank Statement with Cheque
Government ID card Certificate/ ID card issued by Post office
Photo ration card
Senior citizen ID card
PROSSESING FEE GENERAL -200/-

Note:

  1. Please produce the original document(s) for verification & a photocopy of each document.
  2. Mandatory to provide Permanent address and telephone number.
  3. Please avail of the nomination facility.
  4. Mandatory to complete the KYC Norms.
  5. Terms & condition apply and all deposit plan only for members/shareholders.
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