Sindhudurg District Central Co-Operative Bank Ltd. - Student Deposit

ho@sindhudurgdcc.com
(02362) 229005

Deposit Scheme for Students

ज्ञानदा ठेव योजना विद्याधन ठेव योजाना Calculator

ज्ञानदा ठेव योजना

Recurring deposit schemes mainly targeting children for fulfilling different purposes like school/college education. This offer financial support to parents hoping to provide a bright future.

Period of Deposit	Minimum 5 years and maximum 10 years
Interest Payment	Quarterly Compounding Interest payable on maturity
Maximum Amount of Deposit	No Limit
Minimum Amount of Deposit	Rs. 50/- per month
Pledging of Deposit	Allowed
Premature Withdrawal	Allowed with penalty of 1% in applicable interest rate for the tenure of deposit as on the date of placement of deposit.
Eligible Depositors	Only students from standard 1st to 7th

Deposit Period	60 Month	72 Month	84 Month	96 Month	108 Month	120 Month
Interest rates	6.25%	6.35%	6.45%	6.55%	6.65%	6.75%

विद्याधन ठेव योजना

A fixed deposit is ideal for when you want to save your money or build a corpus for meeting your child's financial needs. A fixed deposit for students is helpful because the corpus accumulated can help them meet their milestones later in life.

Period of Deposit	10 years
Interest Payment	7 % interest rate with quarterly compounding interest payable on maturity
Maximum Amount of Deposit	No Limit
Minimum Amount of Deposit	Rs. 1000/-
Pledging of Deposit	Allowed
Premature Withdrawal	Allowed with penalty of 1% in applicable interest rate for the tenure of deposit as on the date of placement of deposit.
Eligible Depositors	Only students from standard 1st to 7th

Student Deposit Calculator

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For Individual Depositors - Extra Interest Benefit of 0.10% for one time Bulk Deposits (Amount of Rs. 15 lakhs & above) invested for 6 months & above.
Deposits upto 5 lakhs are insured with DICGC.
Nominee facility is available.

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The Sindhudurg District Co.OP Bank LTD. is registered with DICGC (https://www.dicgc.org.in)

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