Saving Account definition

Saving Account means an account of funds deposited with a bank or financial institution for purposes of saving;
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Saving Account means a saving account opened, maintained and operated in the name of the Customer, jointly or severally by the Authorized Signatories of the Customer for the purposes of present and/or future utilization of Banking Services.
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Saving Account means the account containing details of the amount deposited by any customer for saving in a bank or financial institution.
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Examples of Saving Account in a sentence

  • The security deposit shall be collected from the running bills of the contractor at the rates mentioned above and the Earnest Money if deposited in the shape of National Saving Certificate/Time Deposit Account/ Post Office Saving Account in any of the PostOffice in Himachal Pradesh, at the time of tender will be treated part of the security deposit.Note: Govt.

  • Inside investment advisory services exchange conversation is available on the following accounts: Long Terms Saving Account, Securities main Account, Asset Management Account.

  • The Safari Saver Account rate, the set balance amount to avail of the Safari Saver Account rate and the lower rate referred to in Condition 13(a) of the Saving Account Conditions will be displayed in the branches of the Bank and on our Website and may be varied from time to time.

  • For works costing above 50 lacs (iii)+ 2.5% without any limitIn security amount in excess of Rs. 2 lakhs can be given in shape of National Saving Certificate of Fix deposit, receipt, duly pledged in favour of the Executive Engineer .The security deposit will be collected by the deduction from the running bills of the contractor at the rates mentioned above and the earnest money deposit in the shape of National Saving Certificate / Time deposit Account / P.O. Saving Account in any of the Post Office .

  • The required amount could be remitted directly to our Saving Account in any branches of Canara Bank from places other than Delhi & NCR Area.

  • The Safari Saver Account rate, the set balance amount to avail of the Safari Saver Account rate and the lower rate referred to in Condition 13 (a) of the Saving Account Conditions will be displayed in the branches of the Bank and on our Website and may be varied from time to time.

  • For works costing above ` 50, 00,000/- = (iii) + 2.5% (without any limit).The security deposit will be collected by the deduction from the running bills of the contractor at the rates mentioned above and the earnest money deposit in the shape of National Saving Certificate / Time deposit Account / P.O. Saving Account in any of the Post Office .

  • Funds of the Saving Account shall be invested according to unrestricted Mudaraba basis in the joint investing pool between the depositors and the shareholders.

  • Profits of Saving Account shall be credited to the same Account within forty five days of the following quarter, unless the Customer has requested otherwise, and the Customer authorises the Bank to invest the realised profits since the credit date with the same investment terms and conditions of Saving Accounts.

  • The security deposit shall be collected from the running bills of the contractor at the rates mentioned above and the Earnest Money if deposited in the shape of National Saving Certificate/Time Deposit Account/ Post Office Saving Account in any of the Post Office in Himachal Pradesh, at the time of tender will be treated part of the security deposit.Note: Govt.


More Definitions of Saving Account

Saving Account means Axis Bank saving account of the Customer to which Axis PayGO is linked.
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Saving Account means ICICI Bank saving account of the Customer to which Prepaid Mobile Money Account of the Customer is linked.
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Related to Saving Account

  • Holding Account means an account:

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Disbursement Account means, in respect of each Tranche, the bank account set out in the most recent List of Authorised Signatories and Accounts.

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Revenue Account means the Revenue Account established pursuant to the Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06(g) in the name of the Trustee for the benefit of the Certificateholders and designated “U.S. Bank National Association, in trust for registered holders of Home Equity Asset Trust 2004-2, Home Equity Pass-Through Certificates, Series 2004-2. Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.