SB-Account
Savings Bank Account (Regular)
Opening a Savings Bank Account (SBA) at Kadamba comes with numerous privileges, setting us apart from other co-operative societies and banks. We offer a "No Frills Account" that allows members to operate their accounts with zero balance, ensuring maximum flexibility and convenience.
Eligibility
✓
Account Statements: Provided free of charge
✓
Nomination Facility: Available for all
accounts
✓
Mobile App: Easy account management on the
go.
✓
TDS Deduction: No TDS deduction on interest
for members as per the current IT Act
✓
Minimum Balance: NIL (No Frills Account)
✓
Account Opening: Includes BP creation for new
members
✓
Communication: SMS notifications for account
activities
✓
Fund Transfers: Through MMA or NEFT/RTGS
