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
Simple Interest Calculation
Quarterly Interest Payable
ROI up to 9.30% p.a. with quarterly interest payouts
Minimum Investment Rs. 1000/- or more
0.5% Extra interest for senior citizens above 60 years
This is a term deposit scheme for the tenure of 30 days to 5 years &
offers an attractive rate of
interest up to 9.30% p.a. with quarterly interest payouts.
Depositor shall compulsorily be a member of our society.
Minimum amount of Deposit under this scheme shall be 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.