LAKHPATI SCHEME

The depositor will receive one lakh rupees on maturity.The monthly Instalment is as follows :-

• 7700 per month       FOR       12 months

• 3575 per month       FOR       24 months

• 2200 per month       FOR       36 months

• 1550 per month       FOR       48 months

• 1150 per month       FOR       60 months

HIGHER EDUCATION AND KANYADAAN SCHEME (18yrs)

The motive this scheme is to serve the wishes of the parents who wants to save the money for Higher Education and marriage of their girl child through this scheme.

• 1000/- Monthly       1000000/-

• 2000/-Monthly       2000000/-

• 3000/-Monthly       3000000/-

• 50000/- One Time       600000/-

• 100000/-One Time       1200000/-

• 500000/- One Time       6000000/-

• 1000000/- One Time       12000000/-

NOTE :-
• The society does not make TDS on the interest paid or credited to its members as it is exempted under Income Tax Act.
• The Interest received by members from the society is taxable under Income Tax Act, if members’ total income exceeds the limit prescribed in the Income Tax Act.
• In case of prematurity payment of term deposit, interest shall be calculated and paid as per Optional Deposit A/c (Savings).
• Interest on Optional Deposit A/c is calculated on minimum balance in the account between 11th to last date of the month.