Deposits & Investment Schemes
Recurring Deposit Scheme 1 Years @9.50%
Sr No. |
PRINCIPLE |
TERM IN MONTHS |
MATURITY AMOUNT |
1 |
500 |
12 |
6309 |
2 |
1000 |
12 |
12618 |
3 |
1500 |
12 |
18927 |
4 |
2000 |
12 |
25236 |
5 |
2500 |
12 |
31545 |
6 |
3000 |
12 |
37854 |
7 |
3500 |
12 |
44163 |
8 |
4000 |
12 |
50472 |
9 |
4500 |
12 |
56781 |
10 |
5000 |
12 |
63090 |
Recurring Deposit Scheme 2 Years @9.50%
Sr No. |
PRINCIPLE |
TERM IN MONTHS |
MATURITY AMOUNT |
1 |
500 |
24 |
13188 |
2 |
1000 |
24 |
26376 |
3 |
1500 |
24 |
39564 |
4 |
2000 |
24 |
52752 |
5 |
2500 |
24 |
65940 |
6 |
3000 |
24 |
79128 |
7 |
3500 |
24 |
92316 |
8 |
4000 |
24 |
105504 |
9 |
4500 |
24 |
118692 |
10 |
5000 |
24 |
131880 |
Recurring Deposit Scheme 3 Years @9.50%
Sr No. |
PRINCIPLE |
TERM IN MONTHS |
MATURITY AMOUNT |
1 |
500 |
36 |
20636 |
2 |
1000 |
36 |
41272 |
3 |
1500 |
36 |
61908 |
4 |
2000 |
36 |
82544 |
5 |
2500 |
36 |
103180 |
6 |
3000 |
36 |
123816 |
7 |
3500 |
36 |
144452 |
8 |
4000 |
36 |
165088 |
9 |
4500 |
36 |
185724 |
10 |
5000 |
36 |
63090 |
Recurring Deposit Scheme 5 Years @9.50%
Sr No. |
PRINCIPLE |
TERM IN MONTHS |
MATURITY AMOUNT |
1 |
500 |
60 |
37244 |
2 |
1000 |
60 |
74488 |
3 |
1500 |
60 |
111732 |
4 |
2000 |
60 |
148976 |
5 |
2500 |
60 |
186220 |
6 |
3000 |
60 |
223464 |
7 |
3500 |
60 |
260708 |
8 |
4000 |
60 |
297952 |
9 |
4500 |
60 |
335196 |
10 |
5000 |
60 |
372440 |
Fixed Deposit Scheme 1 Year @9.5%
Sr No. |
PRINCIPLE |
TERM IN MONTHS |
MATURITY AMOUNT |
1 |
10000 |
950 |
10950 |
2 |
20000 |
1900 |
21900 |
3 |
30000 |
2850 |
32850 |
4 |
40000 |
3800 |
43800 |
5 |
50000 |
4750 |
54750 |
6 |
60000 |
5700 |
65700 |
7 |
70000 |
6650 |
76650 |
8 |
80000 |
7600 |
87600 |
9 |
90000 |
8550 |
98550 |
10 |
100000 |
9500 |
109500 |
OTHER SCHEMES/BENEFITS
Cumulative Deposits
Every Member of the Society shall contribute to the Society a Minimum Monthly cumulative
deposit of Rs.500/- till he continues to be a Member of the Society. However, the General Body
may increase and fixed the limit of Monthly Cumulative Deposit from time to time.
Death Relief Assurance Scheme (DRAS)
This Scheme is introduced by TCA Ltd. This scheme gives opportunity for security to loans,
relief to sureties, bereaved family members from repay of loan, no annual premium, risk cover,
assurance for any type of death. Warranty of refund of deposit, opportunity for voluntary
withdrawals and contribution for social obligation: In brief, this scheme comes to the rescue if
not only to the family of deceased member but also avoids the hardship on sureties. Members are
eligible for maximum assured relief amount in respect to their age.
The DRAS scheme is as under
Age Group |
DRAS deposit |
Times of Deposit |
Assured Relief Amt. |
18 to 45 years |
Rs. 5,000/- |
16 |
Rs. 80,000/-(Max) |
46 to 58 years |
Rs. 5,000/- |
12 |
Rs. 60,000/-(Max) |