Navabharatha Vishwas Deposits
NAVABHARATHA VISHWAS DEPOSIT
Years | Installment Amount | Yearly Returns |
|---|---|---|
1 | 10,000 | 0 |
2 | 10,000 | 0 |
3 | 10,000 | 0 |
4 | 10,000 | 0 |
5 | 10,000 | 0 |
6 | 10,000 | 0 |
7 | 0 | 20,000 |
8 | 0 | 20,000 |
9 | 0 | 20,000 |
10 | 0 | 20,000 |
11 | 0 | 20,000 |
12 | 0 | 20,000 |
13 | 0 | 20,000 |
Note:
- Deposit amount is Rs. 10000 and above in the multiples of 1000 only.
- The Depositor has to pay six continuous installments for 6 years.
- After the completion of the 7th year, the depositor will get double the amount of their installment amount for next 7 years.
- If the depositor defaults to pay the installment amount within the given tenure, then the society will refund the deposited amount with 6% annual interest at the end of the plan term