Savings Account

Saving money habits will improve the quality of life and will help you feel better and to sleep better. One will be happier knowing he/she has some money aside for unexpected expenses and look forward to achieve some of their dreams.
Vedha Nidhi Limited has introduced uniquely designed " Savings Account" to inbuilt the habits of saving among people.

(Features of Saving Account)

Main Features Minimum Deposit Nomination Facility Attractive Rate of Interest SMS Facility
Saving Account Rs 1000/- only yes 6.00% yes
Salient Features:

1.Nomination Facility available for deposits.
2.There can be only one Nominee for a deposit account whether held singly or jointly.
3.A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
4.Applicants can make nomination by filling up the prescribed form.
5.The nomination details can be changed during the subsistence of the account relationship by filling up prescribed form.
6.For more details approach your branch.

Documentation Required For Account Opening:
Identity Proof Address Proof
Passport, Aadhaar Card, PAN Card, Voter ID Card, Driving License, Government ID Card, Photo Ration Card, Senior Citizen ID Card. Passport, Aadhaar Card, Telephone Bill, Electricity Bill, Bank Statement with Cheque, Certificate/ ID card issued by Post Office.
Note:-

1.It is mandatory to be a member in the company.
2.Company will issue 1 shares (10/- Rs) for Saving A/c.
3.Please produce the original document(s) for verification & photocopy of each document.
4.Mandatory to provide Permanent address and telephone number.
5.Please available of the nomination facility.
6.Mandatory to complete the KYC Norms.
* Terms & Conditions apply and all deposit plan only for member/ share holders.