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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