How To Create Group Saving Account

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Last updated: Jan 01, 2017 by Himadri Mitra (Unlicensed)
1 min read

Saving Account can be created for whole group rather than single client. The Group Saving Account is shared between all the members of the Group. They can do all the transactions like Deposit and Withdraw.

 To Create Group Saving Account:

1) Go to the specific Group and click on 'Group Saving Application'.

2) On the next window, Select the saving product for the Group.

3) Fill up all the details and click on Submit button. ( See here, how to fill up those details.)

4)Next, the Saving  Account needs to be approved and activated with specified date so that each member of the group can make the transactions. 

5) Once the Saving Account is created for the Group, the 'Saving Account Overview' is shown on the Group page, highlighting Saving Account Number, Saving Product and Balance.