M.S.E.B. Engineers Co - Op. Credit Society Ltd. Nagpur
एम. एस. ई. बी. इंजिनिअर्स को - ऑपरेटिव्ह क्रेडीट सोसायटी लिमि. नागपूर
Short Term F D (ONJAL)
The minimum amount for opening the account in this scheme is Rs. 5000/- The rate of interest is 5.75% P. A. with sixty day compounding. The minimum period of maturity is sixty days.
Partial withdrawal is also allowed. Every member is eligible to deposit any amount in multiple of Rs. 1000/- for number of times and can withdraw the amount as required, provided that the balance in the account will not be less than Rs. 5000/- .
If the balance at any time of withdrawal goes below Rs. 5000/- the complete amount will be refunded and the account will be closed.