IFSC CODE: YESB0CMSNOC

For a purpose, a dream to be fulfilled.

Purpose Saving Deposit Account helps to gain huge saving over time by converting automatically your daily, weekly deposits into Recurring Deposit at every end of month to gain higher rate of interest upto 11.50%(after conversion into Recurring deposit) on your balance savings. With Emergency cash withdrawal facility through ease of Debit Card.

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Get Happay HDFC Bank Master Debit Card & directly use your Equals Nidhi Purpose Saving Account Balance without any hassle.

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Account Features:

It is an account to manage your income and help you organize your money, let you have a monthly savings while enjoying many other benefits:

• Highest Rate of Interest from minimum 7% to maximum 11.50%(after conversion into Recurring deposit) as per average balance of 12 months.

• Net Banking, Mobile Banking, NEFT, RTGS, IMPS, UPI facility.

• Happay HDFC Bank Master Debit Card.

• Automated conversion of savings into Recurring Deposits.

• No management fee or handling.

• Minimum Monthly Balance "NIL".

• Unlimited free financial consultations through our relationship manager.

• SMS notifications.

• Monthly Account Statement through Email and WhatsApp.

• Rs.2,00,000/- Life Insurance.

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Note:

1. Minimum amount of deposits for opening a Purpose Savings Account is Rs. 1500.

2. Amount of Rs.1000/- will be locked for period of 1 Year.

3. Enable the depositor to earn highest Rate of Interest from minimum 7% to maximum 11.50% (after conversion into Recurring deposit) as per average balance of 12 months.

4. It’s mandatory to become member of Equals Nidhi Limited by purchasing minimum 10 share of face value Rs.10/- each. Total Shares of Rs.100/-.

5. Nomination Facility available for deposits.

6. There can be only one Nominee for a deposit account whether held singly or jointly.

7. A person legally empowered to operate a minor’s account can file a nomination on behalf of the minor.

8. Applicants can make nomination by filling up the prescribed form.

9. The nomination details can be changed during the subsistence of the account by filling up prescribed form.

10. Life Time Membership Fees of Rs. 200/-.

11. Master Debit Card Charges Rs. 531/- inclusive of 18% GST. 

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Mandatory to complete the KYC Norms.

1. Latest photograph
2. PAN card
3. Any one of the below:
a. Aadhar Card
b. Passport
c. Driving License
d. Job card issued by NREGA
e. Voter ID card

4. Account Payee Cheque for 1st deposit

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