DEPOSIT SCHEMES...

“I’m banking on my ERA (Eternal retirement account) more than my IRA! Do you have an ERA?”

Recurring Deposit Scheme

Recurring Deposits are a special kind of deposits offered by us.It allows customers with an opportunity to build up their savings through regular monthly deposit of fixed sum over a fixed period of time. This is an optional deposit for members. Deposit will be accepted on monthly basis of Rs.100/- or its multiples. Interest rate for one year is 12 % per annum.

Compulsory Deposit Scheme

Every member has to make a Compulsory Deposit of minimum Rs.100/- every month on which interest @ 4% is paid.

Optional Deposit 4% Per Annum

SchemePeriodinterest rate
Monthly Income 12, 24, 36 Months 12 %
Double Deposit 72 Months 12.25 %