SAVINGS
RECURRING DEPOSIT wef- 01 March,2023
Deposit Amount : Minimum 500/- (should be in multiples of 100)
Period : 1 Year
Rate of interest : 7.5 % Per Annum
No interest shall be payable on pre-maturity of Recurring Deposit before 3 months. On pre-maturity after completion of 3 months the interest shall be payable at the prescribed rate (presently 6.25 % PA) only.
RD CALCULATOR
Pragati RD 2
Deposit Amount : 1100/- or 550/- (Max 6 allowed per member)
Period : 6 Years
Maturity Amount : 100000/- ( of Rs. 1100/- per month) and 50000/- ( of Rs. 550/- per month)
No interest shall be payable on pre-maturity of Pragati RD 2 before 3 years. On pre-maturity after completion of 3 years the interest shall be payable for the completed months at the prescribed rate (presently 5 % PA) only.
Dhan Vraddhee wef- 01 October 2023
Deposit Amount : Rs. 3000/- per month
Period : 2.5 Years
Maturity Amount : 100000/-
No interest shall be payable on pre-maturity of Dhan Vraddhee before 1 year. On pre-maturity after completion of 1 year the interest shall be payable for the completed months at the prescribed rate (presently 4 % PA) only.
FIXED DEPOSIT wef- 01 February 2023
- Period: 6 Months @ 6.5 % Per Annum
- Period: 1-2 Years @ 7.00 % Per Annum
- Period: 3-5 Years @ 7.25 % Per Annum
No interest shall be payable on pre-maturity before three months. After three months, simple interest of 5.25% PA shall be paid for the completed days.
Note: In case of renewal of Fixed Deposit, the same shall be renewed from the date of maturity if it is renewed within 3 months after maturity at the interest rate exists on the date of maturity. However, in the case of Encashment of Fixed Deposit after maturity, the interest shall be ceased up to the date of maturity.
FD CALCULATOR
BANK DETAILS
For Making FD’s & RD’s or Loan repayment use following Details for NEFT & RTGS:
RRCAT EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LIMITED
State Bank of India Account No.: 10076260977
IFSC Code- SBIN0008484
Branch : CAT Sukhniwas, RRCAT, Indore (MP)
Cheque / DD should be in favour of RRCAT EMPLOYEES CO-OPERATIVE CREDIT SOCIETY LIMITED And kindly deposit receipt at the society office and email the copy of receipt to rrceccs@gmail.com
Note: No cash transaction allowed through any Bank cash counter , however cash transaction upto Rs. 10000/- is allowed through RRCECCS cash counter. The amount transferred/cheque should be drawn from own account.
LOAN SCHEME
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