SAVINGS ACCOUNT
It is an essential service of the banking institution. The account holder gets the security of his deposit and civil interest on the money. Savings account of Yoglakshmi Urban Multicity Credit Co. Opp. Society Ltd. can be started with minimum Rs.100/- (Normal Savings Account) & Rs.1000/- (Silver Savings Account). The institution pays interest at 6% per annum on the savings account.
Minimum Balance
Account holder is required to maintain minimum
NORMAL SAVINGS ACCOUNT
Minimum Account Balance – ₹100/-
Rate of Interest – 6%
Minimum Balance – ₹1000/-Rate of Interest – 6% (Paid on monthly basis)
Facilities
Facilities under Silver Savings Account:
- Monthly Interest Paid on Current Account
- Cheque Book Facility
- Free SMS Alert
- UPI & QR Code Facility
- Zero Cash Handling charges
- Mobile Banking Services (a) Account Summary (b) 24×7 Online Transaction (c) E-statement Facility
- No limit on withdrawal & deposit
- Dedicated Relationship Officer (RO)