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Daily Deposit Plan
Sarva Gramin Vikas Co-operative Multipurpose Society Ltd.
Who can become a member?
An individual residing in India, above 18 years of age is eligible become a member with Sarva Gramin Vikas Co-operative multipurpose Society Ltd.
Requirements:-
• Two latest photographs.
• Proof of residence (passport, Driving license, Ration card, voter card, Electricity bill, Aadhar card etc.
• Photo identity proof.
• Membership fees of Rs 10/-.
Deposit Amount % 50 100 150 200 250 300 400
360 Days 7.85% 18,713 37,426 56,140 74853 93,566 112,279 149,706
540 Days 8.40% 28,746 57,493 86,239 114,985 143,732 172,478 229,970
720 Days 9.25% 39,489 78,978 118.467 157,956 197,445 236,934 315,913
Deposit Amount % 500 600 700 800 900 1000
360 Days 7.85% 187,132 224,559 261,985 299,412 336,838 374,264
540 Days 8.40% 287,463 344,956 402,448 459,941 517,434 574,926
720 Days 9.25% 394,891 473,869 552,847 631,825 710,803 789,781
Terms & conditions:-
• Initial deposit will be Rs 50 minimum, multiply 10/-.
• Loan Against deposit will be available after one year of 60% total deposit amount
• No TDS will be deducted on interest paid by on deposits.
• Daily installments have 10days grace period will be allowed. if installment will not regular then society will charge late payment (2%)
• Prematurity will be not allowed.
• In case customer want to discontinue his/her policy before 90days. Than He/she will not eligible for any interest amount against the deposit amount.
• In case customer want to discontinue his/her policy after 90days. Than He/she will eligible for 4% interest as general yearly against the deposit amount.
• No interest will be payable to the investor after the expiration of the deposit amount.
• All rights reserved by the society.
Note:- This scheme is only valid for members of the society.
 
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