Savings Account is a perfect account with a major purpose of saving money with the option of withdrawing it occasionally as per the necessity. Open a Savings account with Samata Co-operative Development Bank Ltd. which comes with an array of services & facilities at no extra cost. Eligible person/s or Organisations can open a Savings Account.

Saving Account can be opened with Rs. 1,000/-

  • Minimum Balance to be maintained Rs.1,000/.
  • 1st 15 Cheque Leaves free with account opening
  • ATM Card Facility with withdrawal Limit up to Rs. 25,000/-
  • SMS banking facility, Transaction Alerts, Missed Call Alert Service for Balance Inquiry.
  • Pass Book facility
  • Mobile Banking Facility will be available soon.

A Savings Account can be opened by Individuals / Minors / Institutions / Associations / Regd. Co-op. Societies / Trusts / HUFs

  • Individual

  •  Duly filled Account Opening Form with
    • i. Valid address proof (Aadhaar Card, Passport, Driving License, Voter Identity Card)
    • ii. Identity proof (Aadhar Card, Pan Card, Driving License, Passport, Voter Identity Card, NREGA Card)
    • iii. Two photographs
  • Hindu Undivided Family (HUF)

    Pan in the name of HUF
  • HUF Declaration duly signed by all adult Co-parcerners and naming the Karta, who would be authorised to operate the account
  • Proof of Identification of Karta.
  • Prescribed Joint Hindu FamilyLetter signed by all the adult coparceners
  • Identity of the adult coparceners

Accounts of trusts/ & foundations

  • Certificate of registration;
  • Trust Deed; and
  • An officially valid document in respect of the person holding a power of attorney to transact on its behalf/Board Resolution
  • Proof of identity and address of persons like trustees, executors, administrators etc.