Saving Account

SAVING 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.

INTEREST RATE :3% per annum(Based on daily minimum balance)

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 2,00,000/-
• 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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• Documents Required for Opening a Savings Account:
  Proof of Identity:

  • Passport
  • Voter ID Card
  • PAN Card
  • Driving License
  • Photo ID Card Issued by Post Office
  • Photo ID Card Issued by Public Authority
  • Aadhaar Card

• Proof of Address (of Correspondence Address)

  • Ration Card
  • Passport
  • Driving License
  • Aadhaar Card
  • Bank Passbook
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