A Savings account designed for Trusts, Associations, Societies, and Clubs and other non-profit organizations and government entities to manage funds efficiently
Eligibilty:
- Primary co-operative credit society.
- Khadi and Village Industries Boards.
- Agriculture Market Committees.
- Registered Societies (Act 1860).
- Companies under Companies Act, 1956.
- Tax-exempt institutions (as per Income-Tax Act, 1961).
- DWCRA Groups.
- Self-help Groups (SHGs)
- Farmers' Clubs - VVV
The salient features of the products are as under:
|
S. No. |
Features |
Benefit |
|
1 |
Initial Deposit |
Zero |
|
2 |
Quarterly Average Balance |
Zero |
|
3 |
Non-maintenance Charges |
FREE |
|
4 |
Cash Pick Up |
Available |
|
5 |
Cheque Book Issuance |
20free leaves/month |
|
6 |
Demand Draft |
5 DD Per Month (up to ₹5.00 Lakh
|