Saving Account
Welcome to MDCC Bank's Savings Account, where your financial goals meet unmatched convenience and security. Enjoy competitive interest rates, flexible account options, and seamless digital banking services. Our Savings Account is designed to help you achieve your financial aspirations. Join MDCC Bank today and take the first step towards a brighter financial future.
Regular Saving Account
At MDCC Bank, our Regular Savings Account is designed to help you grow your savings while providing you with the flexibility and convenience to access your funds anytime. With competitive interest rates and a host of features tailored to meet your financial needs, our Regular Savings Account is the perfect choice for individuals looking to secure their future.
Eligibility:
- Account can be opened in the names of individuals singly / jointly / with either or survivor/ F or S options
- A minor with natural guardian
- A minor over the age of 12 years and who is literate
- Charitable and Educational Institutions, which is non-commercial
- A blind
- An illiterate
Documents Required:
- Application form
- Introduction
- Recent Photograph two numbers
- Address Proof and Identify proof
- KYC – Any one document from each of the following two lists subjects to Bank’s satisfaction
Latest Photo Identification Documents
1 ) Aadhar / UIDAI Card.
2 ) Driving Licence
3 ) Voter’s Identity Card
4 ) Passport
5 ) NREGA Card
6 ) PAN Card
Latest Documents showing address proof
1 ) Aadhar / UIDAI Card.
2 ) Driving Licence
3 ) Voter’s Identity Card
4 ) Passport
5 ) NREGA Card
MINIMUM BALANCE
- With cheque facility Rs.1000/-
- With Out Cheque facility Rs.500/-
FACILITIES
- SMS Alerts
- UPI Service
- IMPS Service
- MDCCB Mobile Banking
- Any Branch Banking *
- Nomination facility Available
- Collection of Cheque / drafts through CTS
- Standing Instructions
- Cheque Book
- RTGS / NEFT facility
- Locker Facility
- Loans – subject to eligibility
- Pass Book facility
- Mode of Operation : Single/Jointly/Either or survivor/ Former or survivor, Later or survivor, etc
Kanmani Saving Account
At MDCC Bank, we understand the importance of nurturing good financial habits from a young age. Our Kanmani Savings Account is specially designed for children, providing them with a safe and exciting way to start their savings journey.
Key Features:
- Designed for school children
- Competitive Interest Rates
- No Minimum Balance Requirement
- Special Rewards or Incentives for Savings
Eligibility:
- Age: Typically for children below 18 years
Documents Required:
- Application form
- Recent Photograph two numbers
- Address Proof and Identify proof
- KYC – Any one document from each of the following two lists subjects to Bank’s satisfaction
Benefits:
-
- Additional 1% interest
- Encourages financial discipline and savings habits from a young age
- Education on banking and finance
- Potential rewards or incentives for regular savings
Student Scholarship Saving Account
At MDCC Bank, we recognize the importance of providing a secure and efficient way for school children to receive and manage their government benefits. Our “Student Scholarship Saving Account” is specially designed to cater to the needs of young students, ensuring they have a safe place to save and access their funds.
Key Features:
-
- Designed to support school students for scholarships
- Competitive Interest Rates
- No Minimum Balance Requirement
Eligibility:
- Students enrolled in specified educational institutions
Benefits:
-
- Financial support for education through scholarships
- Access to banking services for scholarship recipients
- Potential for additional benefits or rewards tied to educational achievements