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.