Society Account | SVC CO-OPERATIVE BANK LTD

Key Features

For seamless & automated management of your Society's administration

Average Quarterly Balance (AQB) of just INR 25,000

250 Free Cheque Leaves per annum

Cash Deposit at any SVC Bank Branch up to INR 5,00,000 per month, if Average Monthly Balance (AMB) is maintained

Corporate Internet Banking Facility

Services Image

Other Benefits

Free NEFT / RTGS transactions through Branch / Corporate Internet Banking
No charges on Cash Withdrawal from any SVC Bank Branch
Cash Withdrawal limit of INR 25,000 per day, if withdrawn from non-Base Branch
Monthly Cash Deposit Limit*
- If Average Monthly Balance (AMB) is maintained: Up to INR 5,00,000 or eight times the AMB, whichever is higher
- If Average Monthly Balance (AMB) is not maintained: Up to INR 2,00,000 or eight times the AMB, whichever is higher
Free unlimited DD / PO per month
Free Cheque Drop box facility^
Any Branch banking enabled

Note: Other charges, as per Bank's Schedule of Charges, are applicable

*Cash handling charges of INR 2 is applicable per INR 1000, if limit is exceeded

^Terms & conditions apply

Eligibility

Registered Societies
Initial Deposit - INR 25,000
Minimum Average Quarterly Balance (AQB) - INR 25,000

Related Products

Let's talk
Our experts will be happy to assist you with your queries

Call SVC Care
1800 313 2120
Rates & Charges

General:
90 days - 5.00% p.a.*
180 days - 6.00% p.a.*

12 months- 6.75% p.a.*
Above 12 months to below 14 months - 7.00% p.a.*

Senior Citizens:
90 days – 5.50% p.a.*
180 days – 6.50% p.a.*
12 months- 7.25% p.a.*

Above12 months to below 14 months – 7.50% p.a.*

Tax Exemption Scheme:
5 years - 6.75% p.a.*

Read More

Home Loan: 7.65%* p.a onwards

Gold Loan: 8.75%* p.a. onwards

New Four Wheelers (Personal Use): 8.40%* p.a. onwards

Read More

Savings Deposits: 2.75% p.a.

Read More
Branch & ATM Locator
Branch ATM Locator