A saving account is a deposit account held at a bank that pays interest but cannot be used directly as money in the narrow sense of a medium of exchange.
These accounts let customers set aside a portion of their assets while earning a monetary return.
Minimum amount of deposits for open a saving Deposit account is Rs. 1000/-. The money can be withdrawn by using withdrawal slip in the concerned branches. Saving account is of continuing nature. There is no maximum period.
Saving money habits will improve the quality of life and will help you feel better and to sleep better. One will be happier knowing he/she has some money aside for unexpected expenses and look forward to achieve some of their dreams. IMDS Nidhi Limited has introduced uniquely designed "Savings Account" to inbuilt the habits of saving among people.