The MAHILA ABHIMAN Deposit Scheme is introduced by Lokmanya Multipurpose Co-op. Society Ltd. as a special term deposit scheme exclusively for women.

The scheme will commence from 7th March 2026.

The scheme will remain open for investment until 31st March 2026.

The deposit under this scheme will be for a fixed tenure of 12 months.

The applicable interest rate is 9.50% per annum, calculated on a simple interest basis.

Investors can start with a minimum deposit of ₹10,000.

An additional interest benefit of 0.5% per annum is applicable for:

• Senior Citizens

• Bulk Depositors (single receipt of ₹10 lakhs and above)

• The effective rate can go up to 10% per annum.

Premature withdrawal is permitted with a penalty of 2.5% per annum.

A loan facility is available against the deposit, allowing loans up to 90% of the deposit amount at an interest rate 2% higher than the applicable deposit rate.

Interest calculation will be on a simple interest basis and will be credited/payable quarterly.

The deposit must be in the name of a female applicant. In case of a joint deposit, both account holders must be female.