CORDIAL GRAMIN AGRI FARMERS PRODUCER COMPANY LTD
The Recurring Deposit (RD) account lets member’s to deposit a fixed instalment every month/daily and Weekly on which they earn a cumulative return (Quarterly Compounding) on maturity. CORDIAL GRAMIN AGRI FARMERS PRODUCER COMPANY LTD provides Recurring Deposit (RD) interest rates depending on the tenure of the Recurring Deposit (RD). The small monthly savings in the Recurring Deposit scheme enable the depositor to accumulate a handsome amount on maturity. Interest at term deposit rates is computable on quarterly compounded basis. The account can be opened by individuals.
Amount Invested | Periods Available | Total Amount Invested | Interest Earned | Maturity Amount |
1000 | 12 | 12000 | 665 | 12665 |
1000 | 24 | 24000 | 2925 | 26925 |
1000 | 36 | 36000 | 7425 | 43425 |
1000 | 48 | 48000 | 14006 | 62006 |
1000 | 60 | 60000 | 23339 | 83339 |
Amount Invested | Periods Available | Total Amount Invested | Interest Earned | Maturity Amount |
2000 | 12 | 24000 | 1329 | 25359 |
2000 | 24 | 48000 | 5850 | 53850 |
2000 | 36 | 72000 | 14850 | 86850 |
2000 | 48 | 96000 | 28012 | 124012 |
2000 | 60 | 120000 | 46678 | 166678 |
Amount Invested | Periods Available | Total Amount Invested | Interest Earned | Maturity Amount |
3000 | 12 | 36000 | 1994 | 37994 |
3000 | 24 | 72000 | 8774 | 80774 |
3000 | 36 | 108000 | 22274 | 130274 |
3000 | 48 | 144000 | 42019 | 186019 |
3000 | 60 | 180000 | 70017 | 250017 |
Amount Invested | Periods Available | Total Amount Invested | Interest Earned | Maturity Amount |
4000 | 12 | 48000 | 2658 | 50658 |
4000 | 24 | 96000 | 11699 | 107699 |
4000 | 36 | 144000 | 29699 | 173699 |
4000 | 48 | 192000 | 56025 | 248025 |
4000 | 60 | 240000 | 93356 | 333356 |
Amount Invested | Periods Available | Total Amount Invested | Interest Earned | Maturity Amount |
12000 | 12 | 144000 | 7975 | 151975 |
12000 | 24 | 288000 | 35098 | 323098 |
12000 | 36 | 432000 | 89098 | 521098 |
12000 | 48 | 576000 | 168075 | 744075 |
12000 | 60 | 720000 | 2800069 | 1000069 |
Tenure | Rate of interest | |
Monthly | Annually | |
1 year | 12 | 12 |
2 year | 12 | 12 |
3 Year | 12.50 | 12.50 |
5 Year | 12.50 | 12.50 |