Sukanya Deposte Sheme – konarkurbank

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The Attractive Savings Deposit Scheme is a safe and profitable plan for your savings. In this scheme, you can deposit funds for a short duration and benefit from high interest rates, ensuring that your savings remain safe and grow.

This scheme is useful for achieving short-term financial goals. The Attractive Savings Deposit Scheme provides you with financial benefits for your short-term needs.

Sukanya Deposit Scheme

Monthly Investment	Accumulated Balance after 14 Years (in INR)	Maturity Amount after 21 Years (in INR)
Rs. 1,000	3,32,348	7,31,937
Rs. 2,000	6,64,695	14,63,874
Rs. 3,000	9,97,043	21,95,811
Rs. 5,000	16,61,739	36,59,684
Rs. 10,000	34,27,507	73,19,369
Rs. 12,500	41,54,346	91,49,211

Terms and Conditions

In the Sukanya Deposit Scheme, a minimum of Rs. 50,000 and a fixed deposit in multiples of Rs. 1,000 can be deposited.

If the Sukanya Deposit Scheme is invested for 14 years, the amount cannot be withdrawn for the next 21 years. If the amount is withdrawn prematurely, i.e. between 13 and 18 months, then only 2.00% annual interest will be earned on it. Similarly, if the amount is withdrawn after 19 months, then only 3.50% annual interest will be earned on it.

If the Sukanya Deposit Scheme is invested for 36 months, the amount cannot be withdrawn before 18 months. If the amount is withdrawn prematurely, i.e. between 19 and 30 months, then only 4.00% annual interest will be earned on it. Similarly, if the amount is withdrawn after 31 months, then only 5% annual interest will be earned on it.

If the Sukanya Deposit Scheme is invested for 60 months, the amount cannot be withdrawn before 30 months. If the amount is withdrawn prematurely, i.e. between 31 and 48 months, then only 5% annual interest will be earned on it. Similarly, if the amount is withdrawn after 49 months, then only 5.5% annual interest will be earned on it.

All interest paid will be deducted from the principal amount.

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

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Sukanya Deposit Scheme

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