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Daily Deposit (DD)


 

Little drops of water make the mighty ocean. Daily Deposit scheme is a popular product which works on the same dictum. With minimum amount of Rs.50 or multiple of Rs. 50. Under this scheme, you can save money with us regularly as per your convenience along with earning an impressive interest as well. This is known as PIGMY Deposit.
Global Co-operative Credit Society ltd. Offers Daily Deposit Scheme to the members which enable them to save certain amount in daily basis so that they would be able to meet an anticipated liability after the end of a specified period.
Interest Rates Effective from 1 Oct 2017
(Min. amount Rs.50 or multiple of Rs.50)
Interest is basis on daily products

DDS' tenure is available in 12 months and 24 months giving returns of 4% and 5%, per annum respectively.



TABLE FOR RS 1000.00 RATE MATURITY
TENURE NORMAL SPECIAL PERIOD VALUE
365 DAYS 3.00% 0.00% 13 MONTHS Rs. 37,048.00
730 DAYS 4.00% 0.00% 25 MONTHS Rs. 75,956.00
1095 DAYS 5.00% 0.00% 37 MONTHS Rs. 117,990.00
 

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