Deposit Schemes...

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

Fixed Deposit Scheme

A fixed deposit is a deposit which provide investors with a higher rate of interest than a normal one until the given maturity date. It is not required for creating a separate account. We offers for the period from 3 months minimum upto 22 years for such types of deposit.

Compulsory Deposit Scheme

Every member has to make a Compulsory Deposit of minimum Rs.100/- every month on which interest @ 9% is paid.

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.

Scheme NAmeInterest Rate
Fixed Deposit(FD) 12% per annum
Compulsory Depost(CD) 9% per annum
Recurring Deposit(RD) 12% per annum