Features of Kovai Tech Nidhi Limited Savings Deposit Account:
- Minimum amount of deposits for open a saving Deposit account is Rs. 1000.
- The money can be withdrawn by using withdrawal slip in the concerned branches.
- Saving account is of continuing nature. There is no maximum period.
- A minimum amount of Rs. 1000/- has to be kept on saving account.
- No loan facility is provided against saving account.
- Enable the depositor to earn high rate of Interest @ 6% p.a based on daily minimum balance.
- Nomination facility is available.
- Savings Deposit Account can be opened as “Single” , ““Either (or) Survivor”, (or) “Jointly”, (or) Anyone or Survivor.