Navashakthi Dual Benefit Scheme
Navashakthi Dual Benefit scheme has opened its door to double up the benefit of the depositor through both monthly income with an annual interest rate upto 8.25% plus income on maturity with 4.50% interest rate, and total annual yield can be up to 12.75%.
Terms and Conditions
- A minimum Term Deposit is for a period of three years.
- Interest is annual compounding and monthly.
- No TDs shall be made for the members of NavaShakthi Souhardha Credit Co-Operative Limited.
- Deposit is not transferable.
- Pre-closure is not allowed.
- Depositors can avail a loan against Deposit.
- In case of the death of the customer, the Deposit will be automatically transferred to Nominee as per the mandate.
- Interest is payable monthly as well as on maturity.