Savings

It Pays to Save

Savings

It Pays to Save

Gnanashale is rendering not only financial services, but also performing yeomen services in educational and social sectors.

Gnanashale deserves to be the first in all these areas. I wish Gnanashale all the best.

Subba Pakala
  • Features

    Attractive Interest Rates up to 5% p.a.

    Free Locker facility for maintaining minimum daily balance of Rs. 1,00,000*

    No TDS on interest earned

    Zero charges for NEFT/IMPS/RTGS to Customer account only

    Third party cheque clearance available, subject to maximum limit#

    Nomination facility is available

    Disclaimer:# Maximum cheque amount up to Rs. 49,000
    * Medium sized locker.

  • Term Rate Of Interest Per Annum
    Rs. 10,000 & above*
    7%
    Rs. 1 – 9,999
    5%
    *Minimum 30 consecutive days balance should be maintained.
  • Eligibility

    • He should be a shareholding member of GnanaShale Souharda Co-op Ltd. and the standard membership charges apply.
    • Member(s) should be a resident of Karnataka only

    Available for:

    • Individuals
    • Sole proprietorships
    • Partnerships / Limited liability partnerships
    • Private limited companies
    • Associations / Trusts
    • Resident Individuals / Sole Proprietorship Concern

      1. Copy of the PAN Card
      2.  Identity Proof: Voter ID Card / Passport / Aadhaar
      3.  Address Proof: Rental Agreement Copy / Aadhaar / Voter ID card
      4. Two latest passport photographs
    • Trusts

      1. Copy of the Trust Deed
      2.  Copy of the PAN Card
      3.  Copy of the Registration Certificate
      4.  Copy of the Resolution of The Trustees
      5.  Authorization letter for the trustees concerned to open and operate the account
      6.  Photographs of the trustees operating the account
    • Associations

      1.  By-laws of the Association
      2.  Copy of the Resolution by the board authorizing the members concerned to open and operate the account
      3.  Photographs of the members operating the account
    • Partnerships / Limited liability partnerships

      1. Partnership Deed
      2.  Letter from partners approving the persons concerned to open and operate the account
      3. Copy of the PAN Card
      4.  Photographs of the persons operating the account
    • Public / Private Limited Companies

      1.  Board Resolution / Authority Letter
      2.  Memorandum & Articles of Association
      3.  Certificate of Incorporation
      4.  Certificate of Commencement of Business (Public Limited Company)
      5.  Copy of the PAN Card
      6.  Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
      7.  Governing Act / Rules and Regulations(PSUs) (certified true copy)

Related Products

SHG Savings

  • Attractive interest rates upto 7.25% per annum
  • 100% utilized for SAFE micro-finance
  • Easy transfer to your individual account on request*

SHG Millennial Recurring Deposit

  • Your 10 years monthly deposit = up to 20 years Pension
  • 100% utilized for SAFE micro-finance
  • GnanaFlexi – Easy overdraft facilities at just 2% higher

SHG Fixed Deposit

  • Attractive interest rates upto 12% per annum
  • 100% utilized for SAFE micro-finance
  • GnanaFlexi – Easy overdraft facilities at just 2% higher

Call Us

For assistance, call +91 80 4212 4421 or +91 974 248 1256
Monday to Friday: 9:30 AM to 5:30 PM
Saturday: 9:30 AM to 1:30 PM

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