Saving Account
Money can be deposited / withdraw into an account as per the wish of account holder. SB accounts are opened to encourage by MAHA MUTUALLY AIDED CO-OPERATIVE CREDIT SOCIETY LIMITED
Savings Account Features & Benefits
- Any member can open savings bank account singly or jointly with any other member. (Membership Fee-Rs.50/-)
- In case of joint account the account can be operated by jointly/ Either or Survivor/Former or Survivor/Later or Survivor/Any one or survivor
- Minimum Balance Rs.250/-
- Initial deposit amount: Rs. 250/-
- Passbook facility/account statement
- Interest rate @ 4% on average daily balance method.
- Automatic SMS for all transactions in the account
- Nomination facility
- TDS not applicable. Aadhar/PAN Copy / Form 60/ Form 15 G / Form 15 H will be obtained
- Daily cash withdrawal limit Rs. 20.000/-