Fixed Deposit
| For 180 days: | 7% p.a. compounded quarterly |
| above 180 days but less than 1 year: | 8% p.a. compounded quarterly |
| 1 year & above but less than 2 years: | 10% p.a. compounded quarterly |
| 2 years & above but less than 3 years: | 11% p.a. compounded quarterly |
| 3 years & above: | 12% p.a. compounded quarterly |
| Double your money scheme: | Minimum amount acceptable Rs. 25,000/- or further in multiples of Rs. 5,000/- each to be doubled in 71 months. |
ELIGIBILITY
- The applicant must be a member of the Society
MINIMUM DEPOSIT AMOUNT
- Rs. 25,000/- and further in multiple of Rs. 5,000/-
NOMINATION FACILITY
- Nomination Facility Available.
LOAN FACILITY
- Maximum up to 90% against Fixed Deposit Amount.
- Interest Rate @ 1% extra.
PREMATURE PAYMENT
- In case of pre-mature withdrawal of deposit, interest shall be paid, as shall be applicable for that period minus 1%
SPECIAL FEATURES
- For Senior Citizens(Any individual above the age of 60 years), Widows (below 60 years) and Minors(Any individual below the age of 18 years), the interest rate shall be 1% above the applicable rates.
- No TDS is applicable on the interest earned on deposits, However interest certificate shall be issued on demand by the respective depositors.