Deposits
Deposit our Surya Co-Operative Society Limited And Make a fixed deposit too
Recurring Deposits too And you can hide your money in our community take Withdrawn on the back
You can take this money whenever you want
Downloading Deposit Voucher Pdf
Fixed Deposits
Surya Co-Operative Society Limited offers multiple fixed deposit options to their customers to park their
surplus savings for a fixed tenure. A customer is required to make a deposit once into their FD account
at the time of opening the account with the Surya Co-Operative Society Limited.
The customer is not allowed to deposit more money and withdraw any money in the account during the tenure
of the deposit. Fixed Deposits of Surya Co-Operative Society Limitedhave a higher interest rate compared
to their saving deposits.
Benefits of opening an FD account in Surya Co-Operative Society Limited are:
Interest on deposit is paid only at the time of the maturity
Nomination facility available
Extra interest of 8.33% percent payable to the senior citizens
Availability of auto renewal facility on the deposit
Earn higher returns on the money deposited
Recurring Deposits
Recurring Deposits (RDs):
Are They For Your RD or Recurring Deposits is an investment tool that allows investors to make regular monthly
payments and save money in the long run. Investors can choose the deposit tenure and minimum monthly payment at their
convenience. RD schemes are much simpler than FD schemes and are generally preferred by those who want to
open an account with the intention of saving money and building a rainy day fund.
Here are some things to keep in mind when selecting a recurring deposit: Short-term goals for use are RDs
Recurring deposits are ideal for 1-10 years to plan short-term goals when you want to choose. These may
include saving for a new home, searching for your child's education, renovating your home, and saving for
a degree abroad.Learn about the rules and penalties
Opening recurring deposits is easy. Most Surya Co-Operative Society Limited in the distrect have this facility. But,
they come with some
hidden charges. For example, if you withdraw the RD account before the end of the term, you may have some charges.
It is important to know these rules before you start an RD account so you can better prepare for the future.
Apart from these, there are other types of accounts where you can deposit your money:
