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Tirupati Balaji Co-Op. Credit Society Ltd

Regd. No. BOM/WHE/RSR/CR-647/1987
Since 1987

Schemes Details

Welcome to Tirupati Balaji Co-op Creadit Society Ltd

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Schemes

TB Daily Deposit Scheme

TB Daily Deposit Scheme

Per Day Deposit 12 Months / TBDDS 12 6% 24 Months / TBDDS 24 9% 36 Months / TBDDS 36 11% 48 Months / TBDDS 48 12% 60 Months / TBDDS 60 12.5%
(Rs.) Deposit Amount Payable Amount Deposit Amount Payable Amount Deposit Amount Payable Amount Deposit Amount Payable Amount Deposit Amount Payable Amount
50 18,000 18,585 36,000 39,375 54,000 63,157 72,000 89,640 90,000 1,18,593
100 36,000 37,170 72,000 78,750 1,08,000 1,26,315 1,44,000 1,79,280 1,80,000 2,37,187
200 72,000 74,340 1,44,000 1,57,500 2,16,000 2,52,630 2,88,000 3,58,560 3,60,000 4,74,374
500 1,80,000 1,85,850 3,60,000 3,93,750 5,40,000 6,31,570 7,20,000 8,96,400 9,00,000 11,85,930
1000 3,60,000 3,71,700 7,20,000 7,87,500 10,80,000 12,63,150 14,40,000 17,92,800 18,00,000 23,71,875

Terms & Conditions

TBDDS Account can be opened with minimum of Rs. 50 and in multiple of Rs 50.
TBDDS Interest is calculated on annual compounding basis
Daily trapping must be 25 days in a month
The daily deposit of installment with attract a grace period of 7 working days, after which the RD will be considered as an irregular account and will attract late fee.
Irregular account can not ask for premature payment


Premature Withdrawal Terms & condition

12 Month DDS - No premature withdrawl is not allowed.

24 Month DDS - premature withdrawl is allowed only after completion of 12 Months where an investor will attract interest of @3%p.a. Only

36 Month DDS - premature withdrawl is allowed only after completion of 18 Months where an investor will attract interest of @4.5%p.a. Only

48 Month DDS - premature withdrawl is allowed only after completion of 24 Months where an investor will attract interest of @5%p.a. Only

60 Month DDS - premature withdrawl is allowed only after completion of 30 Months where an investor will attract interest of @5.5%p.a. Only


Note : Terms & Conditions of the all plan can be changed by the management without any prior notice