Rs. 1000

MonthTotal DepositRateMaturity
242400010.50%26675
363600011%42457
484800011.26%60137
606000011.75%80602

Rs. 2000

MonthTotal DepositRateMaturity
244800010.50%53350
367200011%84913
489600011.26%120274
6012000011.75%161205

Rs. 3000

MonthTotal DepositRateMaturity
247200010.50%80024
3610800011%127370
4814400011.26%180410
6018000011.75%241807

Rs. 4000

MonthTotal DepositRateMaturity
249600010.50%106699
3614400011%169827
4819200011.26%240547
6024000011.75%322410

Rs. 5000

MonthTotal DepositRateMaturity
2412000010.50%133374
3618000011%212284
4824000011.26%300684
6030000011.75%403012

Tenure of Payment

The tenure of tile account is 12 months and above.

Mode of Payment

AIl payments to the company shall be made either in cash or by cheque/draft against the receipt countersigned by its authorized signatory payments by any mode or media other than mentioned above shall be at the member account holder’s own risk. The cheque/draft shall be credited in the name of member Account Holder subject to clearance by the bank. Out station cheques shall not be accepted

lssue of Passbook:­

A passbook will be issued to every Member Account Holder. The Member Account Holder shall get the pass book updated at regular intervals. If any discrepancy or difference in the amount is found between the entries made in the passbook and receipts duly countersigned by the authorized signatory of the branch office bearing seal. Payment shall be made on the basis of receipts only.


Terms & Conditions:

  • It is mandatory to be a member of the company.
  • The company will issue 1 share (10/- Rs) for RD Plan.
  • Interest will be calculated on a yearly basis.
  • Recurring Deposit minimum amount Rs 500/-, thereafter in multiples of Rs 100/­
  • Loan on deposits will be charged at 18% yearly compound interest basis.
  • 1 month after paying last installment or maturity amount due date whichever is more will be applicable for payment of maturity amount.
  • Irregular deposits are not entitled to premature payment and loan facility against it.
  • On irregular deposits, if all irregular pending deposits are paid then such account will be treated as regular. Even if there is the default in payment of 1 installment, the said account will be treated as irregular.
  • After the maturity date, payment on irregular accounts will be made after deducting the penalty amount maximum to the limit of interest earned on such account. No deductions will be made on the principle amount of such accounts.
  • R.D. will not be premature within the first 3 months.
  • If R.D. is matured after 3 months but before 6 months no interest will be paid.
  • After depositing the premium of 6 months, any type of interest will not be given.
  • If any person premature its R.D then the person will be paid 2% , less of maturity interest after 6 months to 60 months.