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Saving Accounts

Our Savings Account is designed to help you save smartly, earn interest,
and enjoy convenient banking services. Whether you are an individual, a family, or an
institution – we have the right option for you.

Open Now

Who Can Open a Savings Account?

  • Individuals – in their own name
  • Joint Accounts – two or more individuals with repayment instructions
  • Minors – through a guardian
  • Institutions/Organizations agencies approved by RBI – clubs, societies, associations, educational institutions, trusts, firms, partnership concerns, executors & administrators
  • Corporates – secretaries, treasurers, managers, or other authorized officers (with rules & supporting documents provided in writing)

Nomination facility is available.

How to get started

Initial Deposit Requirement

Minimum opening balance: ₹500/-

Passbook

1. Free at account opening 2.Duplicate passbook issued on payment of charges

Fund Transfer
Services

NEFT/RTGS facility available

Non-Maintenance Charges

Applicable if minimum balance is not maintained

Interest Rate

 Attractive 4% p.a. on your savings balance 
(as per RBI guidelines and directives)

Documents Required (KYC Norms)

Identity Proof (any one):

  • Aadhaar Card (mandatory)
  • Passport
  • PAN Card
  • Voter Identity Card
  • Driving Licence

Address Proof (any one):

  • Aadhaar Card
  • Electricity Bill
  • Telephone Bill
  • Bank Account Statement
  • Ration Card

2 recent passport-size photographs required

Why Open a Saving Deposit Account?

Earn While You Save
Earn While You Save

Grow your money with interest

Safe & Secure
Safe & Secure

Keep minimum cash at home while your funds are secure with us

Easy Access
Easy Access

Deposit and withdraw anytime through withdrawal slips

For Everyone
For Everyone

Available for individuals, families, and organizations

RBI-Approved
RBI-Approved

Compliant with all Reserve Bank of India guidelines

We provide Premium Services includes mainly Value Added Services & General Insurance Policies in it.!

Quick Links

Services

Contact Info

Phone

08382-223600

Email

st.milagrescopertive@gmail.com

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