Member Savings
Savings Deposit
Flexible member savings with account access, nomination and applicable balance requirements.
The Savings Deposit is available only to eligible, approved members of Anjani Nidhi. Current terms — including the applicable rate — are governed by the applicable member circular, effective from the date stated in that circular.
Key information
- Minimum amount
- [VERIFY: Minimum balance]
- Maximum amount
- As per company policy [VERIFY]
- Tenure
- Ongoing (no fixed tenure)
- Applicable rate
- [VERIFY]% p.a.
- Compounding
- [VERIFY: Compounding frequency]
- Payout
- Credited to account [VERIFY]
- Effective from
- [VERIFY: Effective date]
- Eligibility
- Eligible members only
- Nomination
- Available
Who this product suits
- Members seeking regular, flexible savings
- Members who want convenient deposits and withdrawals at their branch
- Members building a savings habit before choosing a fixed-tenure plan
Illustrative example
| Deposit | Tenure | Illustrative rate | Estimated maturity |
|---|---|---|---|
| ₹[VERIFY] | 12 months | [VERIFY]% | ₹[VERIFY] |
The illustration is indicative. Actual maturity depends on the applicable rate, deposit date, payment regularity, deductions and company terms.
Depositing and servicing
- Deposits accepted through approved payment modes at authorized branches [VERIFY: modes]
- Passbook issued and updated at the branch
- Account statements available on request
- Nomination can be registered or updated using the prescribed form
Premature closure
- Account closure is permitted as per company policy [VERIFY]
- Applicable charges, if any, are specified in the current member circular [VERIFY]
- Required documents: passbook, closure request form and identity proof
Documents required
- Membership proof
- PAN
- Approved identity proof
- Approved address proof
- Recent photograph
- Nomination details
- Product application form
Do not send full Aadhaar numbers, PAN copies or banking details through public website forms or email. KYC documents are collected only through authorized, secure channels at the branch or member portal.
Frequently asked questions
Who can open a Savings Deposit account?
Only eligible, approved members of Anjani Nidhi can open a Savings Deposit account, subject to KYC and company policies.
Is there a minimum balance requirement?
Yes. The applicable minimum balance is specified in the current member circular. [VERIFY]