A Fixed Deposit is useful for the feature benefits. A Fixed Deposit offers guaranteed returns, if you choose an FD with a Re-Investment option, you will benefit from compound interest. Society will not deduct any tax. This provides comfort to deposit holders. The interest rate on a Fixed Deposit varies depending on the term you choose. The interest you earn on the Fixed Deposit depends on the maturity period of the FD with a higher period, you earn a higher interest.
DAILY RD DEPOSIT
The scheme envisages attracting deposits in small amounts from daily wage / income earners like professionals, small business people, Technicians, skilled labour, etc. Members have to deposit a pre-determined amount on daily basis for a defined period and at the end of the period the amount deposited will be paid with interest.
Monthly Income Scheme
The society offers various types of Monthly Income Scheme for different maturity periods at attractive interest rates