Regular Fixed Deposit – konarkurbank

Regular fixed deposit scheme

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Regular Term Deposit Scheme is a scheme that offers safe and guaranteed returns on your deposits. In this scheme, you get regular interest rates for a fixed period, which increases the value of your savings and keeps them safe.

This scheme is useful for earning stable returns over a fixed period. The regular fixed deposit scheme provides you with financial stability, which gives you a guarantee of security.

Regular fixed deposit scheme

A lump sum dep	For 181 days Interest rate 7.50%
10,000	10,375
20,000	20,751
50,000	51,877
1,00,000	1,03,753
2,00,000	2,07,507
5,00,000	5,18,767

Terms and Conditions

In the fixed deposit scheme, a minimum of Rs. 5000 and a multiple of Rs. 1000 can be deposited and interest will be paid on the fixed deposit on an annual basis (07.30 per cent).

A fixed deposit for 13 months cannot be withdrawn before 6 months. If it is withdrawn before the maturity date, i.e. between 7 and 12 months, it will earn only 4.00% annual interest.

A fixed deposit for 18 months cannot be withdrawn before 12 months. If it is withdrawn before the maturity date, i.e. between 13 and 17 months, it will earn only 5.00% annual interest.

A term deposit for 24 months cannot be withdrawn before 18 months, and if withdrawn before the maturity date, i.e. between 19 and 23 months, you will only get 7% annual interest.

A term deposit for 36 months cannot be withdrawn before 25 months, so if it is withdrawn before the 23rd to 5th month, it will earn only 7.25% annual interest.

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

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Regular fixed deposit scheme

Terms and Conditions

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