Saving Deposite Account

Savings Deposit Account

A savings account is a place where you can store your money securely while earning interest. Savings accounts are designed to store money that you don’t need immediately. Keeping that money in a separate account can ensure that it’s there when you do. Using a savings account creates some distance between everyday spending money, kept in your checking account, and cash that’s meant for a later date, like an emergency fund or vacation savings.

Saving Account Scheme

Minimum Amt. Yearly interest
100 6%
200 6%
300 6%
400 6%
500 6%
600 6%
700 6%
800 6%
900 6%
1000 6%

Check The Details of the Savings Account Services:

  • SMS facility is available for the members.
  • Nomination facility is available for the depositors.
  • The maximum amount of deposit should not exceed 1,00,000/-
  • Only one nominee is required for a deposit account.
  • A person is legally empowered to operate a minor account and can file a nomination on behalf of the minor.
  • By filling up the prescribed form, applicants can make the nominations and can change the nomination details during the subsistence of the account.

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