Savings Account

13A, Narayanasamy Layout, Bharathi Colony, Peelamedu, Coimbatore.

0422 – 4961499, +91 9384784012

albionnidhi@gmail.com, info@albionnidhi.com

Saving Account: Why take 4? 6 is more

Developing a habit of saving money can significantly enhance your quality of life, helping you feel more secure and sleep peacefully. Knowing you have set aside funds for unexpected expenses brings peace of mind and encourages you to pursue your dreams with confidence. To support this, ALBION INDIA NIDHI LIMITED has introduced a specially designed 'Saving Account' aimed at fostering a saving habit among its members.

Saving Account Features:

Earn up to 6% p.a. from your Saving Account with us.
Tenure: Minimum amount of deposit for opening a Saving Account with us is Rs. 100/- only.
Passbook and Monthly Account Statement will be provided.
The money can be withdrawn and deposited using Withdrawal/Deposit slips in the concerned branch(es) and ATM Card.
NEFT/IMPS Transfers* facility will also be provided for ease of transacting.
Use ALBION INDIA NIDHI LIMITED Internet Banking and do Recharges & Utility Bill Payments at your fingertips.
Nomination Facility available for Deposits.
High-interest rates available based on the deposit amount.

Average Monthly Balance Maintained	Annual Interest Rate Applicable
Less than Rs. 10,000/-	@5% p.a.
10,000 and above	@6% p.a.

Note:

It is mandatory to become a member of ALBION INDIA NIDHI LIMITED to open a Saving Account.
Saving Account is of continuing nature. There is no maximum period.
ALBION INDIA NIDHI LIMITED will issue one share with a nominal value of Rs. 10/- for a Saving Account.
It is mandatory to complete the KYC Norms.
Loans will not be provided against the balance kept in ALBION INDIA NIDHI LIMITED Saving Account.
Interest amount subject to TDS as per provisions of Sec 194A of the Income Tax Act 1961.
Senior Citizens will receive an additional 0.5% interest on the Saving Account.
ALBION INDIA NIDHI LIMITED reserves the right to alter and revise the rates at any time without notice.

For more details, approach your nearest ALBION INDIA NIDHI LIMITED branch.

Saving Account: Why take 4? 6 is more

Saving Account Features: