VIDYA PRASARAK MANDAL, THANE
An Appeal for Personal Recurring Deposits:
VPM has been permitted by the Charity Commissioner to accept public deposits. We can accept the Recurring deposits from public on the following terms & conditions:
¢ Minimum deposit
amount will Rs.1000/- p.m. and can be increased in multiple of Rs.
1,000/.
¢ Collection through ECS only, in VPM's S. B. A/c No.: 002115000043248
of Thane Bharat Sahakari Bank Ltd; Main Branch, Thane (IFSC Code : TBSB0000002).
¢ Interest rate will be 5% p.a.
¢ Tenure for the deposit will be 3/5 years and matured amount will be
given after 5/8 years.
|
Sr. No |
RD Amt P.M |
Total accumulated deposit amount for
3 years in Rs. |
Maturity Amount at the end of 3 years In Rs. |
Maturity Amount at the end of 5
years In Rs. |
|
1 |
1,000 |
36,000 |
39,063 |
43,145 |
|
2 |
2,000 |
72,000 |
78,129 |
86,292 |
|
3 |
3,000 |
1,08,000 |
1,17,191 |
1,29,437 |
|
4 |
4,000 |
1,44,000 |
1,56,254 |
1,72,580 |
|
5 |
5,000 |
1,80,000 |
1,95,316 |
2,15,723 |
|
Sr. No |
RD Amt P.M |
Total accumulated deposit amount for
5 years in Rs. |
Maturity Amount at the end of 5
years In Rs. |
Maturity Amount at the end of 8
years In Rs. |
|
1 |
1,000 |
60,000 |
68,535 |
79,552 |
|
2 |
2,000 |
1,20,000 |
1,37,073 |
1,59,107 |
|
3 |
3,000 |
1,80,000 |
2,05,605 |
2,38,658 |
|
4 |
4,000 |
2,40,000 |
2,74,141 |
3,18,211 |
|
5 |
5,000 |
3,00,000 |
3,42,674 |
3,97,761 |
¢ No Pre withdrawal will be allowed before 3/5 years.
¢ Nomination is compulsory for all deposits.
¢ In case of death of depositor, deposit amount will be returned to the
nominee within 15 days from the date of application for withdrawal.
¢ In unavoidable circumstances, depositor can withdraw his/her deposit
amount before tenure by giving 3 months prior notice to VPM, Thane. However,
if the deposit is withdrawn before 6 months from the date of deposit, no interest
will be payable to the depositor.