DEPOSIT

Thrift Deposit:

Thrift Deposit is a compulsory savings and it is recovered from the monthly salary of a member according to cadre wise. Interest on thrift is calculated annually and paid by NEFT/RTGS to concerned member.

Class IV Rs.1100/-
Class III Rs.1600/-
Class II & Class I Rs.2100/-

Fixed Deposit:

The society accepts fixed deposits from member and allows better rate than the bank interest rate. The minimum deposit is Rs.1,000/-. Interest also payable on monthly, quarterly, half yearly basis.

Recurring Deposit:

Recurring deposit is recovered through salary for a period of 12 months, Minimum Rs.50/- and multiple of Rs.50/-. On maturity NEFT/RTGS is sent to the member directly.