Schemes

FIXED DEPOSIT SCHEME (F.D)

Minimum Investment: RS. 1000/-

We offer different periodicities for deposits ranging between 3 years and 6 years with undoubtedly attractive rate of Interest. Just have a look at the Rate of Interest Offered by the Society.

Period	Interest Rate	Deposit	Total Interest	Maturity Amount
3 Years	12%	1000	405	1405
6 Years	12.24%	1000	1000	2000

 

Special Interest Rate 12.5% P.A for Senior Citizen

Period	Interest Rate	Deposit	Total Interest	Maturity Amount
3 Years	12.5%	1000	424	1424

 

Special Interest Rate 13% P.A for Vidhwa Mahila

Period	Interest Rate	Deposit	Total Interest	Maturity Amount
3 Years	13%	1000	443	1443

 

Monthly Income Scheme (MIS) Only for Senior Citizen                                                        

Minimum Investment: RS. 10000/-

Investment Amount	Interest Rate	Monthly Income
10000	12	100

 

 

RECURRING DEPOSITES @11%…………………
Minimum Investment: RS. 100/- (per Month)
Years	Rs. 100		Rs. 300		Rs. 500		Rs. 1000		Rs. 3000
1	1271		3813		6355		12710		38130
2	2682		8046		13410		26820		80460
3	4248		12744		21240		42480		127440
4	5986		17958		29930		59860		179580
5	7915		23745		39575		79150		237450
6	10056		30168		50280		100560		301680
7	12433		37299		62165		124330		372990
8	15068		45204		75340		150680		452040
9	17996		53988		89980		179960		539880
10	21247		63741		106235		212470		637410
11	24855		74565		124275		248550		745650
12	28500		85500		142500		285000		855000
13	32906		98718		164530		329060		987180
14	37397		112191		186985		373970		1121910
15	42782		128346		213910		427820		1283460
16	48755		146265		243775		487550		1462650
17	55389		166167		276945		553890		1661670
18	62753		188259		313765		627530		1882590
19	70927		212781		354635		709270		2127810
20	80000		240000		400000		800000		2400000
Notes 1:
1.)   It is compulsory to deposit an installment by 10th day of each respective month otherwise you have to pay penalty @3%.
2.)   If, amount is not deposited for 3 month continuously or Deposited after due date, in such a case RD’s A/c will be closed & credit amount will be converted into Savings A/c without any prior Notice.
3.)   In case of Pre-maturity of RD’s Interest would be payable @6% per annum only.

Benefits in Investing Society :

1.) Deposits are safe.
2.) Higher Interest rate on deposits than Bank Interest Rate.
3.) No TDS deduction on Interest on Deposits.

Notes 2:
1.) Payment may be made by Cash /Cheque/Draft. It must be paid in favors of “The Vaish Chandradarshan Co. Operative Thrift & Credit Society Ltd”

Loan Schemes ( Intt. on 15% p.a) m
1. Maximum Loan Limit is 150000/- (One Lacs Fifty Thousand) Only. (Refundable in Maximum 25 Monthly Installment)

2. Emergency Loan Limit is 10,000/- (Ten Thousand) Only.