Deposits under Savings Account(Plan-24) are available for withdrawal any time, for day-to-day requirements. Member can have pass-book at no extra cost. Cheque Book is not issued. Deposits earn a nominal interest. It is good idea to accumulate Savings through Savings Account, and when considerable amount is built, shift the funds to Term Deposit Account or RRSP Account, to make the savings grow faster. Automatic Funds Transfer facility for deposit(of salary etc.) into the account or withdrawal(payments) from the account is available at no extra cost. No monthly bank charges are applied.