Recurring Deposit Scheme

Strengthen the future

Recurring deposit schemes are especially useful for regular depositors. In this scheme, savings can be increased by making regular deposits over a fixed period of time, which keeps the deposits safe along with the benefit of interest rate.

So that you can enjoy long-term financial benefits by making regular deposits. A recurring deposit plan gives you a systematic and regular return on your savings.

Recurring Deposit Scheme

Terms and Conditions

Only members can open a recurring deposit account.

To open an account, a minimum monthly installment of Rs. 500/- is required.

If the monthly installment is not paid regularly, a penalty of 1 paise per day will be levied on the deposit installment amount.

While withdrawing the term deposit, no interest will be paid for 0 to 6 months. For 7 to 11 months, interest will be paid at an annual rate of 5%, for 12 to 18 months, at an annual rate of 7%, and for 19 to 24 months, at an annual rate of 8%.

Irregular payments can cause a difference in interest rates.

The Konark Urban Credit Co-operative Society limited Gondia Karanja.

Strengthen the future

Recurring Deposit Scheme

Terms and Conditions

If you have any questions or concerns, please contact us on the details below.

Deposit Scheme

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