Deposit Scheme Offered By The Society

FIXED DEPOSITS (FD):
A term deposit is a fixed term or Recurring Deposit deposit held at a Society. They are basically short-term deposits with maturities which range anywhere from a month to a few years. The deposits are locked-in for a specific time period during which the Society give loans to their members which can offer higher returns.These are an extremely secure investment and are therefore appealing to members who do not wish to take a lot of risks.
	12 MONTHS TO BELOW 24 MONTHS	@ 10.50% P.A.
	24 MONTHS TO BELOW 36 MONTHS	@ 11.50% P.A.
	36 MONTHS AND ABOVE	@ 12.50% P.A.

RECURRING DEPOSITS (RD):
	12 MONTHS TO 24 MONTHS	@ 9.50% P.A.
	25 MONTHS TO 48 MONTHS	@ 10.50% P.A.
	49 MONTHS AND 71 MONTHS	@ 11.50% P.A.

MONTHLY INCOME SCHEME (MIS):
Typically MIS is designed for conservative risk-averse investors and pensioners, the Monthly Income Scheme is an investment option that parks money mainly in lower-risk securities. It acts as a steady source of income for those members who want to create an alternate source of monthly income. The income generated through Monthly Income Scheme is in the form of interest
	24 MONTHS TO 36 MONTHS	@ 10% P.A.
	37 MONTHS TO 59 MONTHS	@ 11% P.A.
	60 MONTHS & ABOVE	@ 12% P.A.

Daily Deposit Scheme(D.D.)
Money can be deposited into an account on daily basis. The amount may be as small as you can provide. The money is deposited almost daily. The unique characteristic of this scheme is that a bank agent collects the money daily, from the account holder's doorstep. This scheme was introduced to help daily wage earners, small traders and farmers to inculcate a saving habits and also as a means to fund their bigger capital requirements, such as a wedding, home buying, vehicle purchase etc.
	13 MONTHS TO 24 MONTHS	@ 5% P.A.
	25 MONTHS TO 36 MONTHS	@ 6% P.A.
	37 MONTHS AND Above	@ 7% P.A.

Deposit Scheme Offered By The Society

NAVIGATION

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