5 Perks of opening a savings account with Adarsh Credit Co-operative Society

A few years ago, people used to carry a huge amount of cash in their pockets in exchange for goods or other services. But nowadays, it is risky and highly inconvenient to do so. Whether you are an employee of an organization or an entrepreneur, you will notice that most of the transactions are performed in a cashless manner. Having a savings account makes these day-to-day transactions easy. They also provide an easy access to your funds. While current accounts are used only for a lot of transactions, a savings account is highly suitable for comparatively a lesser number of transactions of funds.

Numerous organizations provide a facility for opening a savings account. Before opening one, research well and consider various aspects of opening a savings account. We, at Adarsh Credit Co-operative Society, offer a facility of a savings account with numerous perks. A few such perks have been listed below:

No-frills account

While most of the organizations have a compulsion for people to maintain a certain amount of balance in their savings account, Adarsh Credit Co-operative Society offers you a no-frills facility. This means that no minimum balance has to be maintained in your savings account. So, now you can decide on how much credit has to be maintained in your account!

Savings account with a good interest rate

The interest rate offered on your savings account varies in every organization. While some institutions offer good interest rates, some may offer a moderate rate of interest. So, be wise and choose one. You may probably go with Adarsh Credit Co-operative Society as we offer a good interest rate of 6.75%.

Unlimited transactions for your savings account

We, at Adarsh Credit Co-operative Society, are determined to create a consumer-friendly environment to serve the best facilities to our members. Hence, our savings accounts come with a benefit of performing unlimited transactions without any extra charges.

Incoming NEFT facility

NEFT facility allows you to transfer or receive your funds from one account to other without stepping out of your home and this can be done with the help of internet. We offer incoming NEFT facility to our users for an amount up to Rs. 49,999. Isn’t it a good amount?

Free statement facility

If you want to get statements for your savings account, you can access it at Adarsh Credit Co-operative Society at zero cost. Unlike other institutions, we don’t charge for your statements. So, tracking your transaction history comes with no cost if you open a savings account with us!
As funds are easily accessible in a savings account, you can withdraw the required amount from your savings account whenever you want to. A quick and hassle-free process! Hence, with so many perks of savings account offered by Adarsh Credit Co-operative Society, make sure that you don’t miss on this one!

Adarsh Credit Co-operative Society

Make your Diwali special with Adarsh Credit Co-operative Society

Make your Diwali special by gifting a token of security to your family with Adarsh Credit Co-operative Society. Entrust your money in our Fixed Deposit scheme and let your family be away from financial pressures.

Fixed deposits offer a good rate of interest on the deposited amount. One has to credit a certain amount of money in the scheme for a fixed amount of time to avail the benefit of the good interest rates. The time duration for which the amount has to be deposited and the rate of interest differ as per the policies of various organizations. At Adarsh Credit Co-operative Society, you can deposit the money from a period of 3 months to 10 years with an interest rate varying accordingly.

Here are some advantages of Fixed Deposits facility offered by Adarsh Credit Co-operative Society:

1) Short-term fixed deposit facility

Short-term fixed deposits facilitate you to invest your money for a period of 3 months to 9 months at a decent interest rate. If you want to avail the benefits of a Fixed Deposit but for a shorter period of time, then this scheme is apt for you.

2) Attractive interest rates

Adarsh Credit Co-operative Society provides attractive interest rates on your FD. The longer the tenure of deposit is; the better your interest rate will be. For instance, on deposit of an amount of up to Rs. 5 lakhs for a period of about 1 to 2 years, the interest rate would be 10 percent on the deposited amount.

3) Small investments, good interest rates

We, at Adarsh Credit Co-operative Society, believe that even a small piece of cloth can save one on a rainy day. Adapting this saying, we have kept a minimum amount of Rs.1000 required for a fixed deposit. After this investment, you can keep depositing money in multiples of Rs. 100. This way, you can get good returns at the end of the tenure.

4) Loan facility against FD

We also offer loan facility against the amount deposited in your Fixed Deposit. This applies only if the maturity term of your FD is of one year or more. Furthermore, the interest rates are applicable as per terms and conditions of Adarsh Credit Co-operative Society.

5) Special interest rates for investments higher than Rs.15 lakhs

For the customers who wish to invest more than Rs.15 lakhs in our fixed deposits get a special benefit under which they can fetch special and high-interest rates on their fixed deposits ranging from 10-15 %.

Enjoy the festival in fervour with Adarsh Credit Co-operative Society. Invest in our fixed deposits scheme and keep your worries at bay.