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Deposit Schemes

Savings Account

A safe and easy way to save your money is with a bank savings account. A bank savings account allows you to deposit money (add money to your account) or withdraw money (remove money from your account) at any time. In return for keeping your money at the bank, the bank pays you money, also known as interest.

Interest will be earned on the money you have on deposit at the bank. Since you may deposit or withdraw money each day, the bank will calculate how much money you should receive in interest. You will also receive a periodic statement from the bank listing your deposits, withdrawals, interest, and account balances. Passbook is also given to the depositors.

Why Saving Account with Us ?

The Savings Accounts from The Naduvil Co-Op. Bank Ltd. promises you a unique banking experience through innovative features and very good services. It provides you with a host of benefits to take care of all your banking needs. Opening a saving account with us is easy and speedy. 4.0 % of interest is being given to the depositors.

Features

  • Convenient and quick services
  • Open a Savings Bank Account with us and avail Cheque Book facility
  • Nomination facility
  • ATM facility
  • Demand Draft (Local and outstation)
  • Remittance
  • Any Branch Banking (ABB)
  • RTGS

A Savings Account Can be Opened by

  • Individuals
  • Karta of HUF
  • Minors
  • Regd. Co-op. Societies
  • Regd. Public Trusts
  • Clubs and Associations
  • Students(SSB)

Documents Required for Opening a Current Account

  • Passport size photograph which can be photographed by the bank
  • ID Proof: Passport/driving license/Ration card/voters identity card/PAN Card
  • Proof of residence: Gas Conn. Book/Telephone Bill/Electricity Bill/Bank Pass Book etc
  • An introduction of the person from an existing account holder
  • PAN number / Declaration in form No.60 or 61 as per the Income Tax Act 1961
Deposit Schemes

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