Introductory interest rate (as per circular)
Member deposit scheme
Saving Deposit
Flexible savings account
Member-only
RBI-guided norms
Nearest branch
About this scheme
Why members choose this product
Welcome to the Nitya Vikas Co-operative Society Saving Deposit scheme—your trusted partner for a secure financial future. We understand every rupee saved is a step toward your dreams, which is why our account offers the perfect blend of safety, flexibility, and attractive returns.
Whether you are building an emergency fund or saving for your family, we ensure your hard-earned money is protected while generating steady growth through highly competitive interest rates.
We believe in making financial growth simple and transparent. With hassle-free deposit and withdrawal facilities, your money remains completely accessible whenever you need it. Enjoy a seamless account opening process, zero hidden charges, and a member-first approach. Start your savings journey with Nitya Vikas today and take a confident step toward true financial independence.
Features
Key benefits
Minimum opening deposit (as per circular)
Monthly deposit requirements (where applicable)
Promotes regular savings
Frequency of withdrawals as per scheme rules
Rates & slabs
Applicable rate table
Effective date: not set on the website yet. When you share the circular date and row values, we will publish them here. Until then, confirm slabs at your nearest branch.
Confirm at branch
Column order Product name · Minimum balance · ROI (%) · Penalty (Rs)
| Product name | Minimum balance | ROI (%) | Penalty (Rs) |
|---|---|---|---|
| No numerical rows are published on the site yet. Send the values (and optional effective date) for the columns listed above; we will fill this table without inventing numbers. | |||
KYC documents
Acceptable proof of identity & address
Lists below follow the member-provided saving account KYC guidance (light formatting only).
Proof of identity (any one)
- Passport
- Voter ID card
- PAN card
- Driving licence
- Aadhaar card
- Government / Defence ID card
- ID card of reputed employer
- Pension payment order
- Photo ID card issued by post office
- Photo ID card issued by university
- Photo ID card issued by public authority
- NREGA card
- Photo ration card
- Senior citizen ID card
Proof of address (any one)
- Credit card statement (not more than 3 months old)
- Income / wealth tax assessment order
- Electricity bill (not more than 6 months old)
- Telephone bill (not more than 3 months old)
- Bank account statement
- Letter from reputed employer
- Letter from public authority
- Ration card
- Voter ID card (only if it contains the current address)
- Lease deed / sale deed
Latest updates
News & circulars
Next step
Open or enquire at the branch
Talk to DURGAPRASAD — DO No. 15-19-40, 1st Floor, Opp. Kanyaka Parameswari Temple, Main Road, Old Town, Repalle — 522265.