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MGT7 FORM FOR THE FY 2023-24

“ONLY FOR THE MEMBERS’ INFORMATION"

Deposit


Fixed Deposit Features & Benefits
  • Attractive and assured Return.
  • Impeccable services.
  • A wide range of deposit products to choose.
  • Monthly / Quarterly interest will be credited to depositor's Bank account, if opted.

Recurring Deposit Features & Benefits
  • The Recurring deposit account is an account in the bank where an investor desits a fixed amoount of money every month for a fixed tenure.
  • Recurring deposit account is opened by those who want t save regularly for a certain period of time and earn a higher interest rate
  • Recurring deposit scheme is meant for investors who want to deposit a fixed amount every month in order to get a lump sum after some years.