Savings account encouraging thrift among members and customers of JSCCL. The savings account will attract 7% interest P.A. which will be credited half yearly. Simple documentation for opening the account.
Terms and Conditions
Customers have to maintain minimum balance of Rs. 250
Interest of 7% P.A.will be paid on deposits quarterly/half yearly
No TDS is deducted from JSCCL Members
There are no restrictions on withdrawels
Cash remittance is allowed upto 2 lakhs per day(per person).
In case of the death of customer, the account will be automatically transfrred to Nominee as per the mandate.
