Saving Deposit

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.

Why do you need a savings account?

A savings account is like a virtual locker that safeguards your money and pays a certain amount of interest. As opposed to a fixed deposit (FD), you can use the money in your savings account whenever you need. A savings account also has other uses.

Features of Special Saving Deposit~

• Minimum Monthly Balance to be maintained :- Rs. 50,000 in case less but not less than Rs. 10,000 , 2% Flat .
• Prepaid Card Facility can be availed by all members directly for withdrawal.
• Withdrawal can be availed daily ( Not more than Rs. 20,000/- ) or as per choice.
• Sri Raj Saving Deposit Scheme : Saving deposit with minimum Rs. 10,000 maintained, 8% flat interest per annum