UNITED BACHAT KHATA YOJNA (SAVING DEPOSIT)
TERMS & CONDITIONS
- Minimum balance to open the account is Rs. 500 members are required to maintain the said minimum balance at all times.
- Interest would be paid at the rate of 6% per annum, calculated on daily closing balance .
- Maximum number of withdrawal is permissible only to the extent of 7 times in a month, however member if desire to withdraw his savings in exceeds of the permissible limits the same would be allowed upon. charges of Rs. 5 per Rs. 1000.
- Members would be allotted a passbook against his saving deposit and is bind by the terms and conditions mentioned therein.