Features of SEMPON Savings Account
- Minimum amount of deposits to open a SD account is Rs. 500 /-.
- The money can be withdrawn by using withdrawal slip
- Savings account is of continuing nature. There is no maximum period.
- A minimum amount of Rs. 500 /- has to be kept in saving account.
- Enable the depositor to earn high rate of Interest @ 5.5% p.a .
- Savings Account can be opened as “Individual”, “Either or Survivor”, “Jointly” or “Anyone or Survivor” modes.
- Nomination facility available.
- For Savings Bank account, interest will be paid to a maximum balance of Rs. 50,000/-.
