Recurring Deposit Plan

Time Period	Rate
8 months	7.00%

Time Period	Rate
18 months	7.75%

Time Period	Rate
24 months	8.25%

Time Period	Rate
30 months	8.50%

Time Period	Rate
40 months	9.00%

Time Period	Rate
48 months	9.25%

Time Period	Rate
60 months	9.75%

It is mandatory to be a member in the company.
Company will issue 10 shares of ₹10 each (₹100/-) for RD Plan.
Interest will be calculated on yearly basis.
Recurring Deposit minimum amount ₹500/-,thereafter in multiples of ₹100/-.
Loan on deposits will be charged at 18% yearly compound interest basis.
Loan available against deposits up to 60% of deposited amount after six months from the date of opening of the account.
Irregular deposits are not entitled for pre mature payment and loan facility against it.
On irregular deposits if all irregular pending deposits are paid then such account will be treated as regular. Even if there is default in payment of 1 instalment, the account will be treated as irregular.
If any person premature its R.D. then the person will be paid 2% less of maturity interest after 6 months to 60 months.