We have over 27 years of experience
Annual Report 2021-22
By submitting this form, I agree that the representative of Lokmanya Multipurpose Co-op Society Ltd. can contact me to explain the features of the product & services.
FEATURES & BENEFITS
Compound Interest Calculation
Minimum Investment Rs. 1000/- or more
0.5% Extra interest for senior citizens above 60 years
Term - 1 to 3 Years
ROI 9.00% to 9.30% p.a.
The depositor shall compulsorily be a member of our society.
Minimum amount of Deposit under this scheme is Rs.1000/-. There is
no ceiling on maximum deposit.
The senior citizens and bulk depositors (with a single receipt of Rs.10 lakh
and above) are eligible for additional interest @0.50% p.a. However either of the benefits can be claimed at one time.
Pre-matured withdrawal of deposit is permitted with deduction of penalty
@2.5% p.a. on applicable rate.
Loan against such deposits is allowed up to 90% of deposit amount with
interest @2% more than the applicable rate.