Features of Savings Account

SB Account: Money can be deposited / withdraw into an account as per the wish of account holder. SB accounts are opened to encourage by Rameshwaram Credit Co-Operative Society LTD members to save money and collect their saving.

Sl No. Main Features Availibility
1. Minimum Deposit 500
2. Interest Rate 3% P.A.
3. SMS Facility Yes
4. Nomination Yes

Features of Recurring Deposit

SB Account: Money can be deposited / withdraw into an account as per the wish of account holder. SB accounts are opened to encourage by Rameshwaram Credit Co-Operative Society LTD members to save money and collect their saving.

Monthly
Deposit
12 MONTHS
9% P.A.
24 MONTHS
9.50% P.A.
36 MONTHS
10% P.A.
48 MONTHS
10.50% P.A.
60 MONTHS
11% P.A.
72 MONTHS
11.50% P.A.
100 1259 2643 4187 5929 7919 10215
200 2518 5286 8374 11858 15838 20430
500 6295 13,215 20,935 29,645 39,595 51,075
1000 12,590 26,430 41,870 59,290 79,190 1,02,150
2000 25,180 52,860 8,37,740 1,18,580 1,58,380 2,04,300
5000 62,950 1,32,150 2,09,350 2,96,450 3,95,950 5,10,750
10000 1,25,900 2,64,300 4,18,700 5,92,900 7,91,900 10,21,500

Features of Daily Deposit Account

SB Account: Money can be deposited / withdraw into an account as per the wish of account holder. SB accounts are opened to encourage by Rameshwaram Credit Co-Operative Society LTD members to save money and collect their saving.

Sl No. Duration Interest Rate
1. 12 Month 8%
2. 24 Month 10%

Features of Fixed Deposit

SB Account: Money can be deposited / withdraw into an account as per the wish of account holder. SB accounts are opened to encourage by Rameshwaram Credit Co-Operative Society LTD members to save money and collect their saving.

Sl No. Tenure Int.Rate Amount Maturity Int.Earned
1 1 Year 11.00% 10000 11100 1100
2 2 Year 11.00% 10000 12200 2200
3 3 Year 11.50% 10000 13862 3862
4 4 Year 11.50% 10000 14600 4600
5 5 Year 12.00% 10000 17623 7623

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