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Saving Account

HomeSaving Account

Saving money habit will improve your quality of life and will help you to feel better and to sleep better. One will be happier knowing he/she has some money aside for unexpected expenses and look forward to achieving some of their dreams. Here Rudreshwar urban co-op credit society ltd, Georai has introduced a uniquely designed “Saving Account” to inbuilt the habit of saving among people.

The ‘Saving Account’ is generally opened in society by salaried persons or by persons who have a fixed regular income.

  • Per Day Interest basis
  • After completing the transaction of the account we give the SMS to the customer.


Features of Saving Account

  • The main objective of a saving account is to promote savings
  • There is no restriction on the number and amount of deposits
  • Withdrawals are allowed subject to certain restrictions
  • The money can be withdrawn either by cheque or withdrawal slip
  • A minimum amount has to be kept in a savings account


Advantages of Saving Account

  • Saving account encourages savings habits among salary earners and others who have fixed income
  • It enables the depositor to earn income by way of interest