thanamaheshpatpedhi

RECURRING DEPOSIT SCHEME

Though travel, homes and personal goals are expensive, invest and save in small amounts to make them all happen. THANA MAHESH PATPEDHI Recurring Deposit Scheme makes sure you receive attractive interest rates on your investment.

Sr	SCHEME NAME	PERIOD	INTEREST RATE
1.	RECURRING DEPOSIT SCHEME	01 month to 12 months	8.75% PA
1.	RECURRING DEPOSIT SCHEME	12months to above	9.25% PA

Features & Benefits:-

1. Invest small amount every month
2. Facility of Standing Instruction through which the amount can be debited from your savings account
3. Attractive Interest Rates
4. Scheme applicable from 12 months to above.
5. Amount of installment once fixed, cannot be changed
6. The member can choose to nominated another individual to receive the benefits in the event of his/her unfortunately death.
7. Recurring deposits are accepted in equal monthly installments of minimum Rs 1000/-

Terms & Conditions:-

In the case of premature withdrawals, the rate of interest will be reduce by 1% PA from the applicable rates to the period of deposit already held in the society and the excess interest paid would be deducted from the principle amount.
In case of premature withdrawal, the rate of interest will be reduce by 1% PA from the applicable rates to the period of deposit already held in the society.
Penalty for delayed monthly installment Rs.2 per Rs.100/-
In case of payment before maturity interest up to 90days will be nil
Above 90days 1% less that applicable rate of interest for the actual periods for which deposit is kept with the society.