Saving Account can be opened by any individual with relevant identity and address proofs at any of our branches to deposit and withdraw at his or her convenience. Attractive interest of 5% per annum on daily balance is provided in this account.
Savings account with higher rate of interest on your Saving Account Balances. Convenient Quarterly Interest Payout.
- RTGS/NEFT/IMPS & UPI Payment Facility Available.
- Passbook Facility
- Account Statement
Micro Deposit Schemes are offered by Chakravarthy (Quasi Banking) to individuals to inculcate the Savings habits.
Salient features of Micro Deposits are:
- No Frill Accounts
- Passbook Facility
- No Minimum Balance
- Easy Terms and Conditions
Small finance means the provision of a broad range of financial services such as deposits, loans, payments services, money transfers and insurance to the poor and low income households and individuals and to micro and small enterprises.