Savings account at MSPIDN is an interest-bearing deposit account for members, savings account provide a modest interest rate. They are great option for members of MSPIDN to park their cash to save for short-term needs and emergencies such as a car, furniture, vacations, or medical expenses because they can be easily liquidated without any Tax implications .
POPULAR SAVING ACCOUNT SCHEME :
Main Features Saving Account Minimum Deposit Rs.100/- Rs. 500/- Rs. 1000/- Rs. 2000/- Rs. 5000/- Rs. 10000/- Rs. 15000/- Rs. 20000/- Rs. 25000/- Attractive Rate of Interest 0.01% 2.25% 3.00% 3.35% 3.75% 4.00% 4.25% 4.75% 5.00% Interest Payout Yearly Monthly Half-Monthly Half-Monthly Half-Monthly Half-Monthly Half-Monthly Half-Monthly Half-Monthly Services Manual Mobile Banking Mobile Banking + Debit Card Mobile Banking + Debit Card Mobile Banking + Debit Card Mobile Banking + Debit Card Mobile Banking + Debit Card Mobile Banking + Debit Card Mobile Banking + Debit Card
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Salient Features
Nomination facility available for deposits. There can be only one Nominee for a deposit account whether held singly or jointly. A person legally empowered to operate a minor’s account can file a nomination on behalf of minor. Applicants can make nomination by filling the prescribed form. The nomination details can be changed any time during contingency of account by filing the prescribed form. For more details approach your branch.
Document Required For Opening Account
Identity Proof: Address Proof: Passport Passport Aadhar Card Aadhar Card Pan Card Telephone Bill Voter Id Electricity Bill Driving License Bank Statement with cheque Government Id Card Certificate/ID Card issued by post office Photo Ration Card Senior Citizen ID Card
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