Three-Year and Five-year Recurring Deposit (RD) Plan * |
Table 1 |
Period |
36 months |
60 months |
Annual interest rate |
12 percent |
9 percent |
Table 2 pre-pay the facility |
36 months |
60 months |
- No Payment till 18 months.
- 3 months to 12 months no interest.
- 24 months later and 36 months before the 8% interest
- Pre-pay service tax at 25 percent applicable.
|
- No Payment till 24 months
- 3 months to 36 months No interest
- 36 months later and 48 months before the 8 % interest
- Pre-pay service tax at 25 percent applicable.
|
Terms and Conditions |
1. The minimum investment plan of Rs 100 and in multiple of Rs. 100 |
2. Interest calculated by Compound Interest Basis |
3. Only a year after of regular accounts, credit facilities is available, but receive 12 Instalment |
4. Loan is available on 75 percent of deposit amount |
5. Irregular accounts and pre-pay and interest on the loan facility not available |
6. Interest is payable at maturity |
7. All right is reserved by Janasamruddhi Multipurpose Co-operative Society Ltd. to close all scheme without notice and all amount to be paid with interest |
8. Irregular accounts may be regular by pay services charges at 3 percent. |
9. Pre-payment facilities basis on Table No. 2 |
10. Changes in the terms of the plan, renovation, addition and amend by the Janasamruddhi Multipurpose Co-operative Society Ltd. |