GREEN LIFE CREDIT CO-OPERATIVE SOCIETY LIMITED
| RD MONTHLY DEPOSIT |
| ELIGIBILITY |
Individual, and a Guardian on behalf of a minor |
| PATTERN OF DEPOSIT |
Minimum `100/- Multiple of ` 100/- |
| PERIOD OF DEPOSIT |
Minimum 12 months |
| Maximum 72 months |
| INTEREST APPLICATION |
Monthly compounding |
| LATE FEE |
Late fee will be charged at the rate 1.5 % per month per installments |
| NOMINATION |
Available |
| LOAN FACILITY |
Available up to 50% of Deposit Amount (Only 5 Year Account) |
| PENALTY FOR PRE-MATURE CLOSURE |
36 Months No premature payment as per society rule |
| APPLICATION AND DOCUMENTS |
| Application Form |
| Form 60 or 61 (if customer does not have PAN Card), |
| Photograph of depositor/s (2 copies), |
| Proof of address as per Norms, |
| Any other related documents as applicable |
| PERIOD |
RATE OF INTEREST (in %) |
INTEREST PAID AMOUNT (Deposit of Rs 100 per month) |
| 1 year |
8.00% |
53 |
| 2 years |
8.50% |
225 |
| 3 years |
9.00% |
546 |
| 4 years |
9.50% |
1058 |
| 5 years |
10.50% |
1916 |
| 6 years |
10.50% |
2858 |
