Features

Shreni Savings Account is a tailor made operative account for Trusts, Associations, Clubs, Societies and Housing cooperative Societies, and Non-Governmental organisations (NGOs),trading or rendering professional services for profit or fee.
 
star-with-tick-icon
Free Internet and Mobile Banking, Mobile Alert and  E-Mail Alerts.
star-with-tick-icon
Free Cash withdrawal charges, Free Cheque Book and Unlimited Issue of Demand Drafts
star-with-tick-icon
No AMB stipulation
star-with-tick-icon
50 transactions Free per quarter
star-with-tick-icon
NEFT Free
star-with-tick-icon
For RTGS charges are waived if AMB maintained is greater than Rs. 1,00,000/- in the previous month.

Who can apply ?

  • Trusts whose entire income is exempt from payment of Income-tax under the Income-Tax Act, 1961 
  • Primary Co-operative Credit Society which is being financed by the bank.
  • Khadi and Village Industries Boards.
  • Agriculture Produce Market Committees.
  • Societies and Housing cooperative Societies.
  • Clubs.
  • Association.
  • Section 25/Section 8 companies.
  • Institutions other than those mentioned below in prohibitions and whose entire income is exempt from payment of Income-tax under the Income-Tax Act, 1961
  • Non-Governmental organisations (NGOs)
  • Development of Women and Children in Rural Areas (DWCRA)
  • Self-help Groups (SHGs), registered or unregistered, which are engaged in promoting savings habits among their members
  • Farmers' Clubs – Vikas Volunteer Vahini – VVV

Explore Other Savings Products