“Do not save what is left after spending, but spend what is left after saving.” – Warren Buffet. A fixed deposit is a type of deposit in which a sum of money is locked for a fixed period of time. However, the tenure for the fixed deposit is decided by the person who invests his funds. This tenure could be anywhere from a 3 Months to 9 years. In return for locking in these funds, fixed deposits pay the depositor a fixed rate of interest.
Periodic saving is the saving collected for the certain time with daily basis or monthly where interest will be provided by the organization after the maturity of account. Product under the Periodic Saving are:
On saving account member can deposit and withdraw the money anytime, anywhere with the different digital services. Product under the saving account are as follow:
This product is the Special Saving Account for the member developed to uplift the members economy, social and cultural aspects.