Our Products
Savings Bank Account
Savings Account can be opened by any individual by becoming the member of the Society with relevant identity and address proofs at any of our branches to deposit and withdraw at his or her convenience. We offer the following features in our SB A/c.
Features: + Attractive interest of 5% on Daily Balance method + Minimum Balance Rs500/- + Unlimited Transactions + Automatic SMS for all transactions in the accounts + Pass Book facility + Statement Facility without any charges + Fund Transfer through RTGS/NEFT + Mobile APP facility + No Tax Deduction(TDS) on interest earned + Nomination facility available.
Current Account
Current Account is an account to route the customer's business transactions on a frequent basis. We provide the following features in our SB A/c.
Features: + Minimum Balance Rs500/- + Unlimited Transactions + Automatic SMS for all transactions in the accounts + Pass Book facility + Statement Facility without any charges + Fund Transfer through RTGS/NEFT + Mobile APP facility.
Fixed Deposits
The society offers attractive rates on Fixed / Term Deposits for different maturity periods. The facility of drawing interest on a monthly or quarterly basis is also provided apart from cumulative/compound interest. The Society offers following features for the Normal FD schemes.
Features: + No penalty on pre-mature closure + No interest for pre-mature closure within one month + Loan Against FD available upto 80% of FD amount with applicable interest rate as per Society’s terms and conditions.
Apart from the Normal FD’s, the Society offers higher interest of 12% on special schemes under Lakhpathi Deposits with the following features.
Lakhpathi FD :
Features: + Cumulative FD + Minimum period 2years + No Pre-Mature closure within 1yr. Pre-closure facility after 1yr available with a penalty of 2% on applicable rate, + Loan Against FD available upto 50% of FD amount with applicable interest rate as per Society’s terms and conditions.
Aishwarya Pension Scheme :
Features: + Monthly Income FD Scheme + Monthly Interest payment @ Rs1,000/- per lakh + Interest payment to Aishwarya SB a/c or to your SB a/c with any other Bank A/c + Minimum period 2years + No Pre-Mature closure within 1yr. Pre-closure facility after 1yr available with a penalty of 2% on applicable rate + Loan Against FD available upto 50% of FD amount with applicable interest rate as per Society’s terms and conditions.
Recurring Deposits
Recurring Deposit scheme helps the customer save small amounts on monthly basis to get a lump sum on maturity. Lump sum can help the customer meet expenses such as children's education, loan repayment, Tax Saving investments etc. The Society offers following features for the Normal RD schemes.
Features: + 0.50% extra interest for RD over and above the Normal rates + Minimum period 1 yr for RD + No interest for pre-mature closure within 6 months + No penalty on pre-mature closure after six months, Applicable interest rate will be paid.
Apart from the Normal RD schemes, the Society offers higher interest of 12% on special scheme under Lakhpathi RD with the following features.
Apart from the Normal RD schemes, the Society offers higher interest of 12% on special scheme under Lakhpathi RD with the following features.
Lakhpathi RD :
+ Minimum period 18 months, + No Pre-Mature closure within 1yr. Pre-closure facility after 1yr available with a penalty of 2% on applicable rate, + Loan Against RD available upto 50% of RD amount after 1yr with applicable interest rate as per Society’s terms and conditions.
Mortgage Loans
Loans can be availed from the society against the mortgage of immovable properties to meet various financial needs such as hand loan repayments, children's education or marriage, house renovation etc or for investment in business.
Gold Loans:
Gold loan is provided against the pledge of gold ornaments from the customer to meet short-term household or personal requirements. Gold loans can be availed in different tenors viz 3 months, 6 months and 1 year. Interest rates and Per Gram rates apply as per tenor as prescribed by the Society from time to time.
Loans against Deposits
When a customer invests in the society's fixed deposit, he or she can easily get a loan against it without having to break it as per norms prescribed in FD & RD features. The loan can also be structured as a overdraft facility against his or her fixed deposits.
Life and General Insurance
A customer can avail life insurance service to cover his/her life, and General Insurance service to meet Health and Accidental hospitalisation expenses.