Janakalyan Co-operative Credit Society Ltd.
[ An Urban Credit Co-operative Society (UCC) ]
"Add small to make large"
Life Time Pension Plan
Pension Plan Scheme
If Monthly Deposit Amount is 1000/-
|Plan & Duration||Monthly Deposit||Total Amount Deposited||Interest Rate||Maturity Amount||Life Time Pension|
|PP/M-80||1000||80000/-||1 to 80 month 9.75 & afterward 10.78||111274/-||1000|
Terms & Conditions :
(1) Interest rates effective from April 01, 2017
(2) Minimum DD would be of Rs.1000/-and further in multiple of Rs.1000/-
(3) Interest will be calculated yearly via compound interest.
(4) Defaulters will be charged at the rate Rs. 2% per month per instalment.
(5) Members can not permitted premature this deposit scheme.
(6) After one year of Maturity date depositor may close the account by Receiving Maturity Value Rs.111274/-
(7) The maturity amount will be transferred to Saving Account within 15 days.
(8) Loan available up to 80% of deposit amount. After receipt of 12 instalments.
* The loan against deposits is not available for irregular accounts.