Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd.
Kaijs Bank Attractive Deposit Schemes
AS PER BOARD RESOLUTION NO. 29/3 DT.15/05/2024 NEW INTEREST RATES APPLICABLE w.e.f.16/05/2024.
Pigmy Deposit
3% rate of interest for a period of one year and two years and above 3.50%.
Savings Rate of Interest : 3.50%
Special Savings Rate of Interest : 3.50 %
No Frill Savings : 3.50%
Tax Saving Vikas Deposit Scheme ( Rate of Interest 8.00%):
- Facility is allowed to Individual Person or Joint Account Holders and Hindu Undivided family
- Deposit amount will be eligible for Income Tax benefit under IT Act 80 C.
- Period of deposit will be 5 years, Premature closure is not allowed.
- TDS is applicable on the interest of Deposit Amount.
- Deposit amount will be Rs. 100/- or in multiples of Rs. 100/-
- Monthly, quarterly , half yearly interest will be given or after maturity amount will be paid with interest on maturity.
- Duration of deposit will be minimum 5 years and maximum 10 years.
- Nomination facility is available
- 8.50% rate of interest for senior citizen.
Recurring Deposit (For Installment Rs. 100 )
|
General |
Senior Citizens |
|||
|
Period |
Int.
Rate |
Maturity
Amt. |
Int.
Rate |
Maturity
Amt. |
|
12 Months |
7.70% |
1251 |
8.20% |
1254 |
|
24 Months |
7.70% |
2601 |
8.20% |
2615 |
|
36 Months |
7.25% |
4029 |
7.75% |
4061 |
|
48 Months |
7.25% |
5578 |
7.75% |
5636 |
|
60 Months |
7.25% |
7241 |
7.75% |
7337 |
|
72 Months |
7.25% |
9028 |
7.75% |
9174 |
|
84 Months |
7.25% |
10949 |
7.75% |
11157 |
|
96 Months |
7.25% |
13012 |
7.75% |
13299 |
|
108 Months |
7.25% |
15229 |
7.75% |
15611 |
|
120 Months |
7.25% |
17612 |
7.75% |
18108 |
Sukanya Recurring Deposit Scheme
| NAME OF THE SCHEME | Sukanya Recurring Deposit Scheme | |||||
|---|---|---|---|---|---|---|
| Purpose | For monthly investment | |||||
| Eligibility | 1. Mature daughter/girl. 2. Minor guardian |
|||||
| Minimum Investment | Rs 1000/- and Multiples of Rs 100/- | |||||
| Scheme Period | 5 Years | 6 Years | 7 Years | 8 Years | 9 Years | 10 Years |
| Rate of Interest | 7.75 % | 7.75 % | 7.75 % | 7.75 % | 7.75 % | 7.75 % |
| Maturity Amount | 5 Years | Rs 73,862/- ( per month Rs 1000/- After paying 5 Years) | ||||
| 6 Years | Rs 92,480/- ( per month Rs 1000/- After paying 6 Years) | |||||
| 7 Years | Rs 1,12,632/- ( per month Rs 1000/- After paying 7 Years) | |||||
| 8 Years | Rs 1,34,446/- ( per month Rs 1000/- After paying 8 Years) | |||||
| 9 Years | Rs 1,58,058/- ( per month Rs 1000/- After paying 9 Years) | |||||
| 10 Years | Rs 1,83,616/- ( per month Rs 1000/- After paying 10 Years) | |||||
| Other Conditions |
1. The scheme will be commenced w.e.f 1stJanuary 2018 2. The said scheme is for daughter/girl only. 3. Deposit Mortgagae facility will be availed as per the bank policy 4. 1% more interest will be offered to the staff. 5. Pre-mature closure will be allowed as per the Bank Rules and Regulations. 6. TDS will be applicable as per the Income Tax Rule. 7. All the rules for recurring deposits of this scheme will apply. 8. It is compulsory to submit documents as per the KYC policy of the bank. 9. The Board of Directors shall have right to change/close in the policy from time to time |
|||||
Mahila Suvarnalankar Recurring Deposit Scheme
| NAME OF THE SCHEME | Mahila Suvarnakankar Recurring Deposit Scheme | ||||
|---|---|---|---|---|---|
| Purpose | For monthly investment | ||||
| Eligibility | Individual women, Mature Daughter or Minor Guardian | ||||
| Minimum Investment | Rs 500/- and Multiples of Rs 100/- | ||||
| Scheme Period | 3 Years | 4 Years | 5 Years | 6 Years | 7 Years |
| Rate of Interest | 7.75 % | 7.75 % | 7.75 % | 7.75 % | 7.75 % |
| Maturity Amount | 3 Years | Rs 20,386/- ( per month Rs 500/- After paying 3 Years) | |||
| 4 Years | Rs 28,331/- ( per month Rs 500/- After paying 4 Years) | ||||
| 5 Years | Rs 36,931/- ( per month Rs 500/- After paying 5 Years) | ||||
| 6 Years | Rs 46,240/- ( per month Rs 500/- After paying 6 Years) | ||||
| 7 Years | Rs 56,316/- ( per month Rs 500/- After paying 7 Years) | ||||
| Other Conditions |
1. The scheme will be commenced w.e.f 1stJanuary 2018 2. The said scheme is for woman only. 3. The said scheme shall be taken in favour of matured daughter 4. Minor Guardian - Mother/Father name can be started. 5. Also the said scheme shall be opened in favour of individual women . 6. Deposit Mortgage facility will be availed as per the bank policy. 7. 1% more interest will be offered to tha staff. 8. 0.25% more interest will be offered to senior citizen. 9. Pre-mature closure will be allowed as per the Bank Rules and Regulations. 10. TDS will be applicable as per the Income Tax Rule. 11. All the rules for recurring deposits of this scheme will apply. 12. It ic sompulsory to submit doccuments as per the KYC policy of the bank. 13. The Board of Directors shall have right to change/close in the policy from time to time |
||||
Student Recurring Deposit Scheme
| NAME OF THE SCHEME | Student Recurring Deposit Scheme | ||
|---|---|---|---|
| Purpose | For monthly investment | ||
| Eligibility | Minor Student (Parents and minor guardian) | ||
| Minimum Investment | Rs 500/- and Multiples of Rs 100/- | ||
| Scheme Period | 120 Months (from date of kept deposit) | ||
| Rate of Interest | 7.75% | ||
| Maturity Amount | Rs 91,808 /- (per month rs 500/- after paying 10 years) | ||
| Other Conditions |
1. The scheme will be commenced w.e.f 1stJanuary 2018 2. The said scheme is for student only. 3. Deposit Mortgagae facility will be availed as per the bank policy 4. 1% more interest will be offered to the children's account of the staff. 5. Pre-mature closure will be allowed as per the Bank Rules and Regulations. 6. TDS will be applicable as per the Income Tax Rule. 7. All the rules for recurring deposits of this scheme will apply. 8. It ic sompulsory to submit doccuments as per the KYC policy of the bank. 9. The Board of Directors shall have right to change/close in the policy from time to time |
