SVC Society Plus Account

Experience the Power of Technology to Make Society Management Easy

Personal Banking > Deposits Saving Account > SVC Society Plus Account

SVC Bank presents SVC SocietyPRO Package, designed with a feature-rich SVC Society Plus Account coupled with a multi-tasking SVC SocietyPRO application, to assist you in all your society administrative duties and smooth financial management.

Benefits of SVC Society Plus Savings Account:

  • Unlimited free cheque leaves
  • Free NEFT/RTGS transactions
  • Unlimited cash withdrawal at base branch
  • Free cash withdrawal at non-base branch up to INR 50,000
  • Free Cheque Drop-Box facility at the Society premises
  • Free cash deposit at base branch and non-base branch of up to INR 10,00,000 or 8 times of AQB whichever is higher
  • AQB of INR 50,000 only

Benefits of SVC SocietyPRO Application

  • Online collection of maintenance payment
  • Auto payment reminders
  • Easy Billing and Accounting
  • Complaint Management
  • Document Management
  • Easy Communication – discussion / poll forums

Account Essentials

  • Account will have to be opened with a minimum balance of INR 50,000
  • An Average Quarterly Balance of INR 50,000 will have to be maintained
  • Penalty charges of INR 500 applicable for non-maintenance of minimum balance, per quarter
  • Penalty charges of INR 1000 will be levied if account is closed within 6 months and INR 750 will be levied if account is closed within 1 year of opening the account
  • Society or group of societies is / are eligible to open SVC Society Plus Account with SVC Bank

To learn more about SVC SocietyPRO Package, visit

To book a free SVC SocietyPRO Package Demo, email us at

To know more about Interest Rate, click here