It is a basic saving plan which helps you to regulate your savings and get the benefits from time to time. As it is a monthly saving plan, one can get a huge amount after completion of certain period as per the terms & conditions of the deposit schemes. 

• The Account holder must become a share holder of the society 

Terms and conditions of the schemes: 

• Min. amount required to open a account Rs. 100/-
• Subsequent deposit is in multiples of Rs.100/-
• No maximum ceiling amount
• Min. Period is 12 months
• Max. Period 60 months
• Interest will be Compounded quarterly basics.
• Nomination facility is available
• On pre-matured withdrawal of deposit interest will be calculated @ 1% below the rate applicable for the period of deposit. 

Documents Required: 

• Passport size photograph
• Proof of residency
• Identity proof