A. Compulsory Deposit Rs. 100/¬ per month 05 % p.a.
B. Savings Deposit (Optional) – interest @ 5% p.a.
C. Fixed Deposits
- 03 to below 06 months – interest @ 6% p.a.
- 06 to below 12 months – interest @ 8% p.a.
- 12 to below 24 months – interest @ 9% p.a.
- 24 to below 36 months - interest @ 10% p.a.
- 36 to below 48 months – interest @ 11% p.a
- 48 months and above - interest @ 12% p.a.
- .5% Extra interest over and above the prescribed rates of interest is allowed to Senior Citizen.
D. Money Multiplier Deposit Scheme (MMDS)
- Double in 06 years and 6 months
- Triple in 09 years 09 Months
- Five Times in 15 years
- Ten Times in 20 years and 6 months
E. Recurring Deposit Scheme.
- 12 months to below 36 months 09% p.a.
- 36 months and above 10 % p.a.
F. Monthly Income Scheme (MIS)
- 12 to below 24 months 9% p.a.
- 24 to below 36 months 10% p.a.
- 36 to below 60 months 11% p.a.
- 60 months and above 12 % p.a.
G. Penssion Plan
. 5100/- P.M. Deposit for 10 yrs & Get Rs: 10 Lacs or 10,000/- P.M Penssion
. 2600/- P.M. deposit for 10 yrs & Get Rs: 5 Lacs Or 5000/- P.M.Penssion
Note :-
- The society does not make TDS on the interest paid or credited to its members as it is exempted under Income Tax Act.
- The Interest received by members from the society is taxable under Income Tax Act, if members’ total income exceeds the limit prescribed in the Income Tax Act.