Savings account at Uddipan Nidhi is an interest-bearing deposit account for members, savings account provide a modest interest rate. They are a great option for members of Uddipan Nidhi 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.
Main Features
Saving Account
Minimum Deposit
Rs. 500/-Only
Attractive Rate of Interest
4.00%
Salient Features
Nomination facility available for deposits.
There can be only one Nominee for a deposit account weather 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 filing the prescribed form.
The nomination details can be changed any time during contingency of account by filing the prescribed form.
