Opening a Savings Account (SA) at Kadamba Co-Operative Society comes with many added privileges compared to other co-operative societies and banks. Kadamba provides a “No Frills Account” to members, i.e. the members can operate the account at zero balance too.
Saving bank Account Condition
Minimum Balance Required -NIL(No Frills Account)
Unlimited Transactions Without Any Charges
SMS Facility
Fund Transfer Facility Through MMA or NEFT/RTGS
Statment Facility Without Any Charge
Automatic Open Facility With BP Creation (For New Members)
Nomination Facility
Mobile Application Facility
Incomplete NEFT Facility (upto Rs.49,999/-)
Fund Transfer Facility Through MMA or NEFT/RTGS
Statment Facility Without Any Charge
No TDS Deduction On Interest For Members (As Per Current It Act)
