Deposit Scheme
At Junior College Employees Co-op Credit Society LTD., we offer a range of deposit schemes designed to help our members grow their savings with attractive interest rates. Our deposit plans are regularly reviewed and adjusted to ensure competitive returns, long-term value, and complete financial security.
As of March 2024, the society holds a total deposit amount of ₹53,93,16,115/-, reflecting the trust and support of our valued members.
We encourage all Junior College employees to take full advantage of these beneficial deposit options and enjoy steady growth on their savings.
Fixed Deposit (FD) Scheme
Our Fixed Deposit plans offer flexible tenures and attractive interest rates to meet your financial goals.
Interest Rates
6 Months – @ 5.00% p.a
9 Months – @ 6.00% p.a
12 Months – @ 8.00% p.a
24 Months – @ 8.50% p.a
✔️ Safe and reliable investment
✔️ Higher returns over longer periods
Cumulative Deposit Scheme
For the convenience of our members, we offer a monthly Cumulative Deposit plan, directly deducted from salary:
Teaching Staff: ₹2,000 per month
Non-Teaching Staff: ₹1,000 per month
Interest Rate: @ 8.00% p.a
As of March 2024, total Cumulative Deposits stood at ₹30,86,44,200/-.
Members can also avail advance facilities against their cumulative deposits.
Recurring Deposit Scheme
Our Recurring Deposit Scheme is a disciplined savings plan introduced three years ago. It allows members to deposit a fixed amount monthly and earn high returns.
Interest Rate: @ 8.50% p.aTotal RDS (as of March 2024): ₹1,22,72,400/-
This is an ideal option for members seeking regular savings with assured returns.
✅ Why Choose Our Deposit Schemes?
✔️ Tailored for Junior & Senior College employees
✔️ Higher-than-average interest rates
✔️ Trusted by thousands of members
✔️ Backed by 37+ years of cooperative service