Adarsh Credit Co-operative Society

Fixed Deposit
Fixed Deposit
Fixed Deposit is available with various tenures which the
members can choose as per their requirement.
Attractive interest rates are offered based on the tenure of
the FD.
0.50% additional interest for women members on Fixed
Deposit
1.00% additional interest for senior citizens (members
above 50 years age) on Fixed Deposits
Interest rate

PERIOD (IN MONTHS) INTEREST RATE (IN % PER ANNUM)

12 9.00

24 9.00

36 9.50

48 9.50

60 10.00
What is the tenure of Fixed Deposit
A Fixed Deposit is available for various tenures like 1
year, 2 years, 3 years, 4 years and a maximum tenure of 5
years.
What is the minimum investment
amount for Fixed Deposit?

The minimum amount of investment is Rs. 1,000 for

Fixed Deposit and after that, one can invest in multiples
of Rs. 100 in this product.
How much interest can a member earn
in Fixed Deposit?

The interest rate of the product are as follows:-

1 Year 9.00% Yearly
2 Years 9.00% Yearly
3 Years 9.50% Yearly
4 Years 9.50% Yearly
5 Years 10.00% Yearly
Is there any facility for prematurity in
Fixed Deposit?

Members can premature the product as per the following

rules:-
<=18 months Prematurity facility not available
> 18 months Member can avail prematurity
Is there any other facility for loan in
Fixed Deposit?
Yes! Loan facility is available against Fixed Deposit as per the
following rules:-
(A) FD for the period of 01 to 04 years Members can avail
maximum 60% loan against their investment amount in FD. Interest
rate will be applicable as per rules of the Society.

(B) FD for 05 years After 12 months, the member can avail

maximum 60% loan against their investment amount in FD. Interest
rate will be applicable as per rules of the Society.
Are there any special benefits in the
rate of interest for women and senior
citizens?

Yes! A special benefit of 0.50% for women and 1% for

senior citizens on basic rate of interest are applicable.
If a woman is also a senior citizen, then she can get
only one benefit.
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