ROI @ 9% p.a.*
ELIGIBILITY
The applicant must be a member of the Society
For Society membership related information
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NOMINATION FACILITY
Nomination Facility Available.
LOAN FACILITY
Maximum upto 90% of the Deposit Amount
Interest rate (reducing) @ 1% extra.
MINIMUM DEPOSIT AMOUNT
Minimum monthly RD amount is Rs. 1,000/- (i.e. Rs.12,000 per year) and subsequent RD amount is shall be in multiple of Rs.1000/- for each month.
PREMATURE CLOSURE
On premature closure (i.e. before completion of six months from date of opening of FD/RD) interest at the rate of 6% per annum shall be paid.
SPECIAL FEATURE
No TDS is applicable on the interest earned on deposits.
Offers higher interest rates.
*If FD/RD closed prematurely, i.e. before the completion of six months from the date of opening of FD/RD interest shall be paid on FD/RD only at the rate of 6 per cent per annum.