SAVING ACCOUNTS
A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.
Savings accounts offer you a place to put your money that is separate from your everyday banking needs, allowing you to stash money for a rainy day or earmark funds to achieve a big savings goal.
Account Services
- SMS facility is available for the members.
- Nomination facility is available for the depositors.
- 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.