CORDIAL GRAMIN AGRI FARMERS PRODUCER COMPANY LTD

Recurring Deposit Scheme

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

Deposit Rate

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