Classic Savings Account
​
Aurobindo Nidhi Ltd offers you a wide range of savings accounts to choose from. Our offerings not only help you meet your banking needs with ease, but also bring you very attractive interest rates on your savings account balance. Aurobindo Nidhi Ltd truly values your hard-earned money, and hence invites you to maximise your earnings by choosing a savings account variant that best suits your needs.
​
Savings account with higher rate of interest on your Saving Account Balances.
Convenient Quarterly Interest Payout
Key Benefits
​
​
​
​
​
​
​
​
​
Terms and Conditions:
-
A penalty of Rs.100/- will be levied for non-maintenance of minimum balance.
​
-
Customers should provide a satisfactory introduction, address and ID proof in order to comply with KYC norms.
​
-
Its mandatory to become as a member of the Aurobindo Banco. Member should subscribe for minimum 10 Shares with face value of Rs 10/- per share and total value of Rs 100/-. Should comply with RBI KYC norms and should provide original KYC documents along with photocopy for verification.
​
-
Interest will be calculated at the rate applicable for the period the balance has actually remained with the Bank. The rates are subject to change from
​
-
time to time and same will be notified. All Guidelines applicable with regard to acceptance, payment and transfer of term deposits will apply to the deposits acceptance under this scheme.
​
​
​
​
​
​
​
​
​
​
​
​
How to Apply
-
Visit the nearest branch of Aurobindo Banco and our Relationship Manager will guide you on the application process.
​
-
You can also contact us and our Customer Care Executive will fix a service appointment with our Relationship Manager to help you with the application process
FEATURES BENEFITS
Rate of Interest Attractive interest rates
​
Average Monthly Balance INR 1,500
​
Mobile Banking App Mobile Banking App to perform Fund Transfers comfortably
​
Classic Savings Account
​
Aurobindo Banco offers you a wide range of savings accounts to choose from. Our offerings not only help you meet your banking needs with ease, but also bring you very attractive interest rates on your savings account balance. Aurobindo Nidhi Ltd truly values your hard-earned money, and hence invites you to maximise your earnings by choosing a savings account variant that best suits your needs.
​
Savings account with higher rate of interest on your Saving Account Balances.
Convenient Quarterly Interest Payout
Classic SB account can be opened by any individual provided he/she has valid KYC documents.
Available with cheque book or without cheque book facility
Daily balances earn interest.
Nomination facility is available
A Pass Book is issued to record the transactions. Duplicate pass book can be issued if original is lost, on payment of charges. Statement of accounts can also be sent through e-mail.
Classic Savings Bank Account with Aurobindo is a pleasant experience with friendly Front Line staff extending personalized services.
Mobile Banking
RTGS/NEFT/IMPS & UPI Payment Facility Available.
ATM Card Facility*
3.5% P.A. ROI
MAB RS. 1000
​
