Types of accounts in
mahila bachat gat
Answers
Answer:
Opening a Savings Account (SA) at Maha Mahila Bachat Gat Nidhi Limited comes with many added privileges compared to other co-operative societies and banks. Maha Mahila Bachat Gat Nidhi Limited provides a No Frills Account to members, i.e. the members can operate the account at zero balance too. Additionally, you also get annual 6.75%* of savings account interest rate which is compounded on a quarterly basis.
Maha Mahila Bachat Gat Nidhi Limited Savings Account Features & Benefits
Minimum Balance Required – NIL (No Frills Account)
Interest Rate – 6.75%* per annum (Quarterly Interest pay out– Pro-Rata Basis Calculation)
Automatic Open Facility with B. P. creation (For New Members)
Unlimited Transactions without any charges
Nomination Facility
SMS Facility
Mobile Application Facility
Fund Transfer Facility through MMA or NEFT/ RTGS
Incoming NEFT Facility (up to ₹ 49,999/-)
Statement Facility without any charge
No TDS Deduction on interest for Members (as per current IT act)
HIGH INTEREST SAVINGS ACCOUNT
Being one of the most recognizable credit co-operative societies in India, Maha Mahila Bachat Gat Nidhi Limited provides the best financial products to their members. Right from basic products to exclusive products, we at Maha Mahila Bachat Gat Nidhi Limited make sure that our members get secure investments and great interest on their investments.