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.
Terms & Conditions
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
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
