FIXED DEPOSIT
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.
Fixed Deposit Features & Benefits
- EARN Interest on your Fixed Deposit upto 12% p.a
- Double your fixed deposit in 72 months
- Loan facility up to 70% of the principal and accrued interest amount at the time of obtaining the loan
- No. TDS.
- Automatic SMS for all transactions in the account
- The society offers various types of Fixed Deposits for different maturity periods at attractive interest rates.
| Deposit Period | General | Sr. Citizens & womens |
| Int Rate | Int Rate | |
| 12 Months | 9.5% | 10% |
| 24 Months | 10.0% | 10.5% |
| 36 Months | 10.5% | 11.0% |
| 48 Months | 10.5% | 11.0% |
| 60 Months | 11.0% | 12.0% |
| 72 Months | 11.0% | 12.0% |
| 78 Months | 11.0% | 12.0% |