Deposit Schemes…..
“The art of living easily as to money is to pitch your scale of living one degree below your means.”
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Recurring Deposit Scheme ~
Recurring Deposits are a special kind of deposits offered by us.It allows customers with an opportunity to build up their savings through regular monthly deposit of fixed sum over a fixed period of time. This is an optional deposit for members. Deposit will be accepted on monthly basis of Rs.100/- or its multiples. Interest rate for one year is 8% per annum.
Fixed Deposit Scheme ~
A fixed deposit is a deposit which provide investors with a higher rate of interest than a normal one until the given maturity date. It is not required for creating a separate account. We offers for the period from 3 months minimum upto 22 years for such types of deposit.
Monthly Deposit Scheme ~
To encourage the saving habit, the Society has started a Saving Scheme to the Members of the Society. The saving unit is Rs. One lakh or its multiples up to Rs. Ten lakhs, payable in 20 monthly instalments of Rs. 5,000/- per lakh, less discount. The Member can take loan against the saving account also. The loan will stand repaid if all the 20 instalments are paid back. After 20 months, the maturity value plus incentives will be paid to non borrower Members. More details contact the society
SCHEME | PERIOD | INTEREST RATE |
---|---|---|
Recurring Deposit Scheme | 12 Months | 8 % |
24 Months / 2 Years | 8.5 % | |
36 Months / 3 Years | 9 % | |
48 Months / 4 Years | 9.5 % | |
72 Months / 5 Years | 10 % | |
Fixed Deposit Scheme | 1 Year | 10 % |
2 Years | 10.5 % | |
3 Years | 11 % | |
4 Years | 11.5 % | |
5 Years | 12 % | |
Monthly Investment Scheme | 1 Year Investment / Month Income | 9 % |
2 Years Investment / Month Income | 10 % | |
3 Years Investment / Month Income | 11 % | |
4 Years Investment / Month Income | 11.5 % | |
5 Years Investment / Month Income | 12 % |