Fixed Deposit
Up to 11% Interest p.a.
Min. Deposit ₹ 1,000/-
Regular Services

Fixed Deposit

A fixed deposit is a financial instrument where a member gets assured ROI. It is an investment opportunity provided by SCCSL with the benefits of higher rate of interest than a normal saving account. A member can invest his/her money in three months to five years FD plan.

+1.00%
Special Interest* for Senior Citizens (members above 60 years)
+0.75%
Additional Special Interest* on single deposit of ₹50 Lakhs & above for 1 year and above
Interest Rates

Investment Returns

Calculated on maturity for deposits starting ₹10,000

Duration Rate of Interest ₹ 10,000/- ₹ 20,000/- ₹ 50,000/- ₹ 1,00,000/-
12 Months 9% 10,930/- 21,860/- 54,650/- 1,09,300/-
24 Months 10% 12,180/- 24,360/- 60,900/- 1,21,850/-
36 Months 11% 13,840/- 27,700/- 69,250/- 1,38,500/-
60 Months Best Value 11% 17,200/- 34,400/- 86,000/- 1,72,000/-

* Investment amounts shown are maturity values. All figures in Indian Rupees (₹). Rates subject to change.

Terms & Conditions

Scheme Details

Eligibility

  • The applicant must be a member of our Society.
  • Member minimum age should be 18 years and above.

Minimum Deposit

Rupees 1,000/- and above in multiples of Rupees 100/-

Maturity Term

Maturity amount will be given to depositor after minimum term 1 month and maximum term 5 years.

Premature Payment

Premature payment facility available only on special conditions.

Nomination Facility

Nomination facility available for all members.

Loan Facility

Loan against deposits available as per society norms.

Declaration

  1. Only members can use our products.
  2. If any person is interested in our society product, membership is compulsory.
  3. Our products are only for those members who are resident of our working area.
  4. KYM (Know Your Members) documents are compulsory for membership.
  5. Rules and Regulations are similar for every member.