About this scheme
Deposit the same amount each month for a term you choose. Each instalment earns the applicable rate from the month it is deposited, and the maturity value is paid at the end of the term.
Eligibility
Members of the society with a savings account. A standing instruction or monthly branch deposit both work.
Benefits
Small monthly commitment. Rate fixed at opening. Quarterly compounding. Loan against the deposit available after six instalments.
Documents
The branch gives you the exact checklist for this scheme. Identity and address proof are needed for every application.