TYPES OF DEPOSITS
In addition to Compulsory Deposits, the society shall accept following types of deposits also from the members of the society: -

• i) Optional Deposits: Which shall be treated as normal savings account of the members.
• ii) Recurring Deposits: To facilitate the members making a regular time bound savings to meet their financial requirement by way of investment of a fixed amount per month for a specific period.
• iii) Fixed Deposits: To facilitate the members to meet their requirement of time deposits by way of investing an amount at a time for a specific period.
• iv) Money Multiplier Deposit Schemes: To facilitate the member for long term deposits to cater their needs by way of investing an amount at a time for a specific period.
• v) Monthly Income Scheme: To facilitate the members looking for a regular monthly income by way of interest on an amount invested at a time for a specific period.

RATES OF INTEREST ON DEPOSITS: