Share Holders Saving account is offered to the Bank’s shareholders to facilitate receiving their dividends.
Last Updated Date: May 17, 2022
Shareholder's Savings scheme is a privileged service to the bank's valued shareholders so that dividends can be easily credited to their accounts. It wipes off the hassle of encashing dividend cheques.It is a savings or checking account at a credit union. These accounts establish your share of ownership and allow you to use the great features a credit union has to offer as a member.A shareholder, also referred to as a stockholder, is a person, company, or institution that owns at least one share of a company's stock, which is known as equity. ... These rewards come in the form of increased stock valuations, or as financial profits distributed as dividends.