Fixed Deposit
A fixed deposit is a financial instrument where a member gets assured ROI. It is an investment opportunity provided by SCCSL with the benefits of higher rate of interest than a normal saving account. A member can invest his/her money in three months to five years FD plan.
Special Interest*
1.00% senior citizens (members above 60 year age) on fixed deposit
Additional Special Interest Rates*
0.75% additional interest rate on single deposit of Rs 50 Lakhs and above and for the period of 1 year and above
| DURATION | RATE OF INTEREST | INVESTMENT AMOUNT ₹ 10,000/- | INVESTMENT AMOUNT ₹ 20,000/- | INVESTMENT AMOUNT ₹ 50,000/- | INVESTMENT AMOUNT ₹ 1,00,000/- |
|---|---|---|---|---|---|
| 12 months | 9% | 10,930/- | 21,860/- | 54,650/- | 1,09,300/- |
| 24 months | 10% | 12,180/- | 24,360/- | 60,900/- | 1,21,850/- |
| 36 months | 11% | 13,840/- | 27,700/- | 69,250/- | 1,38,500/- |
| 60 months | 11% | 17,200/- | 34,400/- | 86,000/- | 1,72,000/- |
- Eligibility
1. The applicant must be member of our Society.
2. Member minimum age should be 18 and above. - Minimum Deposit Amount
Rupees 1000 and above in multiple of Rupees 100. - Maturity term
Maturity Amount will be given to depositor (member) after minimum term 1 month .and maximum term 5 years - Premature Payment
Premature payment facility available only on special conditions. - Nomination Facility
Nomination facility available for all member. - Loan Facility
loan against deposits available as per society norms.
Declaration
- 1. Only members can use our products.
- 2. If any person interested in our society product the membership is compulsory.
- 3. Our products are only for those members who are resident of our working area.
- 4. KYM(Know Your Members) documents are compulsory for membership.
- 5. Rules and Regulations are similar for every member.
Co-operative and help them make a better and brighter future for themselves. Shree Lambodar Credit Foundation is always working to help out the needy and give something back to the society through our various
