Welcome to United Multi State Credit Co-Operative Society Ltd. A Multistate Credit Cooperative Society Registered with Central Registrar, New Delhi under Multistate Cooperative Society Act-2002 and doing finance business amoung its members.

RECURRING DEPOSIT PLAN

FDP TERM AMOUNT INTEREST RATE MATURITY
12 Month 100 9 1260
24 Month 100 9.5 2652
36 Month 100 10 4213
48 Month 100 10.5 5985
60 Month 100 11 8024
72 Month 100 12 10575

TERM & CONDITIONS:

1. Recurring account can be opened with minimum Rs. 500 and further in multiple of Rs. 100.
2. Interest will be calculated monthly via compound interest.
3. Defaulters will be charged at the rate Rs. 2% per month per instalment.
4. The amount on maturity will be paid one month after the last instalment has been paid or the date of payment whichever is later.
5. LOAN FACILITY:
    • 12 months deposits scheme: Not available
    • 24 months deposits scheme: After receipt of 12 instalments 80 percent loan of total deposit amount. 6. Rate of Interest on loan against deposits would be charged 5% higher than applicable rate of interest.