Welcome to our Mogaveera Bank

Society Plus Account

We are pleased to welcome Co-op Housing Societies to establish their banking relationship with our bank.

With a view to make their relationship rewarding, we offer below mentioned features to our Co-op Hsg Society customers on our Society Plus Account:

  • Preferential interest rate on Fixed Deposits held with the bank
  • No deduction of interest for premature closure of fixed deposits held in Society’s name. (Deposit will earn interest rate that are applicable for respective tenure)
  • Dedicated Relationship Officer will handle all banking & investment needs of the Co-op Hsg Society
  • We will be pleased to conduct Society’s insurance audit requirements through leading General Insurance Companies and Insurance Advisors
  • Free Cheque Books, A/c statements will be offered on the Society’s A/c
  • Health Camp at Subsidized rates will be conducted at the Society for its members as per the convenience of the Society
  • Free Investment Counseling will be offered to members for their financial planning
  • Tax payments both for the Society as well as for its members will be facilitated
  • Facility to apply for PAN cards for members & their family, at concessional rate will be offered
  • Home delivery of Foreign Exchange to members @ best rates, will be made available when they plan overseas trip
  • Special account with low minimum balances for Ladies & Students in the Society will be made available
  • Facility to pay all bills at our branches will be offered to the Society & its members – Electricity, Mobile, Mahanagar Gas, D2H bills & Ins Premium will be accepted
  • Also on offer is Life & Health Cover to members to help them meet medical contingency as well as General Insurance to secure their movable & immovable property
  • Electronic Funds Transfer facility – NEFT & RTGS to send/receive funds pan India
  • RuPay Card facility is offered to enable members to withdraw 24×7 from any RuPay ATM in India
  • Bank also offers No Frill accounts and Govt of India approved Pension Accounts to helpers, maid servants, security guards and other support staff of the Society
  • Society Plus account of our bank opens up plenty of value added services to the Co-op Hsg Society as well as its members and other associates.

The Mogaveera Co-operative Bank's Deposits are insured with DICGC for up to 5 Lakhs.

DESPOSIT INSURANCE AND CREDIT GURANTEE CORPORATION
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