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  • The money can be withdrawn by using withdrawal slip in the concerned branches.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.