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Term Deposits
Cumulative Deposit
Deposit Period: Monthly deposits accepted from members
Interest Rate: 8.00% P.A.
Recurring Deposit
Deposit Period: 1 year
Interest Rate: 8.00% P.A.
Fixed Deposit
Deposit Period: 1 year
Interest Rate: 8.00% P.A.
Cumulative Deposits
Every Member of the Society shall contribute to the Society a Minimum Monthly cumulative deposit of Rs.1500/- till he continues to be a Member of the Society. However, the General Body may increase and fix the limit of Monthly Cumulative Deposit from time to time.
Recurring Deposit Scheme
| Principle | Term in Months | Maturity Amount |
|---|---|---|
| ₹ 1,000 | 12 | ₹ 12,520 |
| ₹ 2,000 | 12 | ₹ 25,040 |
| ₹ 3,000 | 12 | ₹ 37,560 |
| ₹ 4,000 | 12 | ₹ 50,080 |
| ₹ 5,000 | 12 | ₹ 62,600 |
| ₹ 10,000 | 12 | ₹ 1,25,200 |
| ₹ 15,000 | 12 | ₹ 1,87,800 |
| ₹ 20,000 | 12 | ₹ 2,50,400 |
| ₹ 25,000 | 12 | ₹ 3,13,000 |
Fixed Deposit Scheme
| Principle | Term in Months | Maturity Amount |
|---|---|---|
| ₹ 10,000 | 12 | ₹ 10,800 |
| ₹ 20,000 | 12 | ₹ 21,600 |
| ₹ 30,000 | 12 | ₹ 32,400 |
| ₹ 40,000 | 12 | ₹ 43,200 |
| ₹ 50,000 | 12 | ₹ 54,000 |
| ₹ 60,000 | 12 | ₹ 64,800 |
| ₹ 70,000 | 12 | ₹ 75,600 |
| ₹ 80,000 | 12 | ₹ 86,400 |
| ₹ 90,000 | 12 | ₹ 97,200 |
| ₹ 1,00,000 | 12 | ₹ 1,08,000 |
| ₹ 2,00,000 | 12 | ₹ 2,16,000 |