“ One of the best known credit cooperative societies unmatched for its quality of highly personalized services ”
Recurring Deposit(RD)
आवर्ती जमा योजना
| (अवधि) Period | ब्याज दर (Rate Of Interest) | परिपक्वता आवर्ती जमा मासिक 1000 /- कराने पर Maturity Value RD Monthly Deposit 1000/- |
| 12 Month | 11.00% | 12740 |
| 24 Month | 11.50% | 27098 |
| 36 Month | 12.00% | 43508 |
| 48 Month | 12.50% | 61835 |
| 60 Month | 13.00% | 84803 |
TERM & CONDITIONS.
1. Opening of recurring account with minimum Rs. 500 /-
2. Interest calculation Quwaterly compound.
3. Defaulters will be charged at the rate Rs. 20% per month per installment.
4. The amount on maturity will be paid .Next day on maturity date
5. The facility of premature payment or loan against deposits is not available for irregular accounts. Even if one installment is due, the account will be considered as irregular account. On receipt of all the due installments of irregular account, it will come under the category of regular account.
6. LOAN FACILITY:-
• 12 months deposits scheme: Not available
• 24 months deposits scheme: After receipt of 12 installments 80 percent loan of total deposit amount.
• 36,48 & 60 months deposits scheme: After receipt of 12 installments 80 percent loan available of total deposit amount.
7. Rate of Interest on loan against deposits would be charged 2.5% applicable rate of interest.