Savings Deposit
Kanjirapally Service Co-Operative Bank presents the Savings Deposit scheme, a simple yet effective way to save and manage your funds with ease. Tailored to suit the needs of individuals and families, this scheme offers convenience, liquidity, and competitive interest rates, making it an ideal choice for those looking to build their savings while retaining easy access to their funds.
Key Features:
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Convenience: Enjoy easy access to your funds whenever you need them, with no restrictions on withdrawals or deposits.
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Competitive Interest Rates: Earn interest on your savings balance, helping your funds grow steadily over time.
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Liquidity: Maintain liquidity with the flexibility to withdraw funds as needed, making the Savings Deposit ideal for emergency expenses or short-term financial goals.
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Minimum Balance Requirement: Start saving with a minimal initial deposit and maintain a low minimum balance to keep your account active.
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Interest Calculation: Interest is calculated on the daily closing balance and credited to your account at regular intervals, ensuring that your savings work harder for you.
Benefits:
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Financial Security: The Savings Deposit scheme provides a safe and secure place to park your funds, with the assurance of protection by Kanjirapally Service Co-Operative Bank.
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Ease of Transactions: Conduct transactions conveniently through various channels, including branches, ATMs, online banking, and mobile banking platforms.
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No Lock-in Period: Enjoy the flexibility of making withdrawals or deposits without any lock-in period or penalties, giving you complete control over your savings.
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Interest Earnings: Watch your savings grow with the added advantage of earning interest on your account balance, helping you achieve your financial goals faster.
Eligibility:
- Individuals, including minors through their guardians, can open Savings Deposit accounts with Kanjirapally Service Co-Operative Bank.
Documents Required:
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Proof of identity and address
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Passport-size photographs
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PAN card or Form 60/61
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Any other documents as specified by Kanjirapally Service Co-Operative Bank
How to Open:
To open a Savings Deposit account, visit your nearest Kanjirapally Service Co-Operative Bank branch and speak to our customer service representatives. Our team will guide you through the account opening process and assist with the necessary documentation.