Monthly Income

Monthly Income

Interest rates effective from 1^st july,2015.

MIS is a product where members have to invest upfront, to get the return every month till end of tenure of the respective MIS.Tenure is ranging from 12 months,24 months,36 months,48 months,60 months and 72 months giving returns of 10.50%,11.00% and 11.50 % per annum respectively.

Rate Of Interest

Period	Rate Of Interest	Monthly Income On Rs.10000/- Invested
12 months	10.50	Rs.87.50
24 months	10.50	Rs.87.50
36 months	11.00	Rs.91.67
48 months	11.00	Rs.91.67
60 months	11.50	Rs.95.83
72 months	11.50	Rs.95.83

 


 

Daily Deposit

Daily Deposit (DD)

Interest Rates effective from 1^st April 2013(Min.amount Rs. 10 or multiple of Rs.5)

The daily deposit scheme,also popularly called as pigmy Deposit facilitates collection of deposits at doorstep through authorized agents of the organization on a daily basis.

DD’s tenure is available in 12 months and 24 giving returns of 8 % and 10 %,per annum respectively.

Period	Rate Of Interest (in %)
12 months	8.00
24 months	10.00

  *interest is basis on daily products

Recurring Deposit

Recurring Deposit 

Interest Rates Effective From 1^st July,2015

RD is a product where members have to deposit the installment every month,to get cumulative return on maturity.

RD products are available for tenures ranging from 12months,24 months,36 months,48 months,60 months and 72 months giving return of 9.00%,10.00% and 11.00% per annum respectively.RD  products are also available through NACH (National Automated Clearing House)

                 
For Investment Of 100/- per Monthh  

Period	Rate Of Interest	Maturity in
12 months	9.00	Rs.1,259.00
24 months	9.50	Rs.2,643.00
36 months	10.00	Rs.4,187.00
48 months	10.50	Rs.5,929.00
60 months	11.00	Rs.7,919.00
72 months	11.50	Rs.10,215.00