Deposits & loans
Schemes built for our members
Competitive rates on deposits and loans, with an annual patronage refund that rewards members for their continued association.
Fixed Deposits
- 91 Days TO 1 Year7%
- 13 Months to 3 Years8%
- Above 3 Years to 5 Years7%
Members are paid a patronage refund every year, thereby increasing the effective interest rate on fixed deposits by 0.4% to 1%.
Recurring Deposits
- 1 Year to 5 Years8%
Loans
- Personal Loan9.5%
- Housing Loan (Property Mortgaged)9.0%
- Vehicle Loan (2 & 4-Wheeler)8.5%
Members are paid a patronage refund every year, thereby reducing the effective interest rate on loans by 0.4% to 1%.
Flagship savings plan
Lakhpati Yojana
A guaranteed-maturity recurring savings plan — deposit a fixed amount each month and receive a guaranteed lump sum at maturity.
| deposit amount per month for 01 year | guaranted maturity amount at the end of 12 months | deposit amount per month for 02 year | guaranted maturity amount at the end of 24 months |
|---|---|---|---|
| RS. 7,989/- | RS. 1,00,097/- | RS. 3,839/- | RS. 1,00,165/- |
| RS. 15,969/- | RS. 2,00,081/- | RS. 7,669/- | RS. 2,00,095/- |
| RS. 23,949/- | RS. 3,00,064/- | RS. 11,499/- | RS. 3,00,025/- |
Indicative figures. Please visit the office for current scheme terms and eligibility.