Rate of Interest: 3%
These accounts are designed to help the individuals (personal customer) to inculcate the habit of saving money and meet their future requirement. Amount can be deposited / withdrawn from these accounts by way of withdrawal slips. It helps the customers to keep minimum cash at home besides earning interest.
These accounts can be opened by eligible persons and certain organizations / agencies (as approved by the Reserve Bank of India {RBI}). As required by law, while opening Saving account, the Co-operative will satisfy itself about the identity including verification of address, of a personal seeking to open an account, to assist in protecting the prospective customers, members of the public and ourselves against fraud and other misuses in the field of Co-operative
The prospective account holder should comply with the Know Your Customer (KYC) norms producing one or more of the following documents in support of identity and address.
Proof of Identity
Address Proof
