Deposit Terms

Deposit Terms
A deposit is a partial payment to confirm your booking. It is usually non-refundable and applied toward the final balance.

DEPOSIT ACCOUNT

CURRENT ACCOUNT:

Non-profit & loss bearing account
Unlimited withdrawals and deposits
Anytime access to your Account Statement through our Mobile App.
Accessibility to transfer your funds from our online App to any valued customer.
Account opened with an initial deposit of Rs. 500/- only
No minimum monthly balance requirement.
Anytime Free online transaction through Mobile App.

SAVING ACCOUNT:

Targeted towards the small ticket customer belonging to the low income segment.
Profit calculated at monthly minimum balance criteria.
Semi-annual profit payout @ 7% P.A
Access to your account statement from our Mobile Online App.
Account opened with a deposit of Rs. 1000/- only
Free online fund transfers with our Mobile App. to our valued customer any time.
Special rate given to societies, NGO’s, W/O’s, V/O’s, widows, Senior citizen, Educational institutions and other community based funds.

THRIFT MAHANA MUNAFA ACCOUNT:

Take advantage of our unique Daily Product Account where your money begins earning returns as soon as you make a Deposit. Returns are calculated on your Daily Closing Balance and credited to your account monthly, which means you start making money from the day you make your very first Deposit. This innovative Thrift society product offers the simplest way to start Growing your Savings right away.

Key features

Start with Rs. 20,000
Monthly Profit Payout @ 7% P.A as initial rate at starter amount of Rs. 20,000/.
Anytime access to your Account Statement through our Mobile App.
Account Transaction information through SMS Alerts
Anytime Free online transaction through Mobile App
Special rate given to societies, NGO’s, W/O’s, V/O’s, widows, Senior citizen, Educational institutions and other community based funds.

TERM DEPOSIT ACCOUNT:

TDR stands for Term Deposit Receipt. TDR is a type of Fixed Deposit where you can choose to receive the interest either Monthly, Quarterly, semi-annual profit plan. This scheme is also known as Interest Payout option. This scheme is suitable for those who expect to receive regular income.

Key features

Safe investment option
Guaranteed returns
Regular monthly or quarterly income
Senior Citizens get extra interest rate compared to other customers

63+

Years of Experience

Our Legacy

Decades of Trusted Excellence

With over six decades of service, we have built a legacy of trust and reliability. Our extensive expertise enables us to handle diverse needs while consistently delivering results that exceed expectations.