Navashakthi Cash Certificate
Navashakthi Cash Certificate is a unique scheme launched by NavaShakthi Souhardha Credit Co-Operative Limited under the ‘double your money’ scheme which refers that the deposit will be doubled in 5 years 6 months (66 months) and the interest on maturity will be 12.67%.
Terms & Conditions
- A minimum Term Deposit is for a period of 5.5 years.
- No TDs shall be made for the members of NavaShakthi Souhardha Credit Co-Operative Limited.
- Navashakthi Souharda is not transferable.
- Pre-closure is not allowed.
- Depositors can avail a loan against NSCCs.
- In case of the death of the customer, the NSCC will be automatically transferred to Nominee as per the mandate.