Savings Account

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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.

SVS Bhagya Nidhi Ltd. has introduced uniquely designed " Savings Account" to build 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 by a single or joint account holder.
  • 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

  • 1. Passport
  • 2. Aadhaar Card
  • 3. PAN Card
  • 4. Voter ID Card
  • 5. Driving License
  • 6. Government ID Card
  • 7. Photo Ration Card
  • 8. Senior Citizen ID Card

Address Proof

  • 1. Passport
  • 2. Aadhaar Card
  • 3. Telephone Bill
  • 4. Electricity Bill
  • 5. Bank Statement with Cheque
  • 6. Certificate/ ID card issued by Post Office
  • 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 avail the nomination facility.
  • 6. Mandatory to complete the KYC Norms.

* Terms & Conditions apply and all deposit plan only for member/ share holders.