Thrift Deposit
The member shall contribute Rs.1000/- to the Thrift deposit compulsorily and
shall opt for voluntary contribution at their convenience. The monthly amount of
Thrift deposit may be increased or decreased as per the members willingness
once in the financial year Like share capital, the Thrift deposit amount shall be
kept in a separate account and will be refunded only at the time of cancellation
of membership.
Interest on Thrift deposit shall be paid every year before Deepavali festival in
the same manner as in the case of dividened. At present the interest @ 9% is being credited to individual bank account of the members.
Minimum Thrift deposit collection slap chart applicable is appended herewith.