Features & Benefits

Invest SMART, secure your FUTURE
Flexibility in monthly installment
Invest as low as Rs. 1000/-(multiples of Rs. 500)
ROI 8.0% p.a (15 Months) & 9.0% p.a (30 Months)

Scheme Details

  • This scheme of deposit is exclusively available for members only.
  • Effective Rate of interest is : 8.0 % p.a.(15 Months) & 9.0 % p.a (30 Months).
  • It is a recurring deposit scheme and while opening an account member has to select the initial deposit amount and has to deposit the same. The minimum initial deposit amount under this scheme is Rs.1,000/- (and in multiples of Rs.500/- thereafter) there is no ceiling on maximum initial deposit amount.
  • The senior citizens/Women/Govt. Employee are eligible for additional interest benifit @ 0.50% p.a. However one can claim either of the benefit at a time.
  • Pre-matured withdrawal of deposit is permitted with deduction of penalty @ 2.5% p.a. on applicable rate for expired period of deposit.
  • Loan against such deposits are allowed upto 90% of deposit amount with interest @2% more than the deposit rate.