In Monthly Income Scheme Deposit, we all require certain amount for our day to day expenses and for that by investing certain lump sum amount for specific period of time.
| Duration | Interest Rate(P.A) | Monthly Income (Rs.) |
|---|---|---|
| For 1 Year | 12.00% | 1,000/- |
Under this scheme you can get maximum interest on paying a fixed amount per month.
| Monthly Deposit | 12 months | 24 months |
|---|---|---|
| Interest Rate | 11% | 12% |
| ₹500 | ₹6,366 | ₹13,604 |
| ₹1,000 | ₹12,733 | ₹27,209 |
The monthly income plan has to keep the amount for at least two years,if the amount is withdrawn before 2 years, then 2% will be deducted and the remaining amount will be paid
| Duration | Interest rates for regular deposits | Interest rates for senior citizens |
|---|---|---|
| 12 months | 11% | 11.5% |
| 24 months and more | 12% | 12.5% |
Daily Deposit Scheme allows customers to save small amounts daily (starting from ₹10). An authorized agent collects the deposit from the customer’s doorstep, provides a receipt and SMS confirmation, and updates the passbook, which is checked monthly by the office.
| Duration | Interest Rate (P.A) |
|---|---|
| Before 3 Months | Deduction 3% |
| upto 6 Months | No Interest |
| upto 11 Months | 3% Interest |
| 1 Year | 7% (If paid Regular without any withdrawal) |
A Double Fixed Deposit (FD) is a special deposit scheme where the invested amount becomes double after a fixed period of 72 months. The interest is compounded and reinvested, and the full doubled amount is paid as a lump sum at maturity. It is designed for long-term, safe investment and guaranteed growth.
Note: In case of pre mature withdrawal before 2 year 1% Service Charge deduction applicable and in case of pre mature withdrawal after 2-year interest will be given @ of 10%.
| Deposit Amount | Period | Maturity Amount |
|---|---|---|
| ₹50,000 | 72 Months (6 years) | ₹1,00,000 |
| ₹1,00,000 | 72 Months (6 years) | ₹2,00,000 |
| ₹5,00,000 | 72 Months (6 years) | ₹10,00,000 |
| ₹10,00,000 | 72 Months (6 years) | ₹20,00,000 |
Our Savings Account provides a safe and convenient way to store your money while earning attractive interest. With a low minimum balance requirement, it helps individuals build a habit of saving while ensuring financial security.
| Feature | Details |
|---|---|
| Minimum Opening Deposit | ₹100 |
| Minimum Balance Requirement | ₹100 |
| Interest Rate | Up to 6% per annum |
| Account Type | Panchsheel Savings Account |
Join us at Panchsheel Co-operative Society and experience the difference of banking with a trusted partner who values your financial well-being above all else.
Administrative Office: 307, Regal Industrial Estate, Acharya Donde Marg, Sewri West, Mumbai, Maharashtra – 400015, India
Registered Office: Shastri Nagar, Pant Nagar, Ghatkopar East, Mumbai, Maharashtra – 400075, India