Compulsory deposit account
Every member of the credit co-operative has to open this account for availing of credit facility. They therefore have to maintain compulsorily minimum balance of Rs. 500/-. In this account earns six monthly interests. The total amount of the said account can be withdrawn only when the account is closed.
Saving account
This is a personal account. The member woman can open this account with a minimum of Rs. 650. This amount includes Rs./- 50 as admission fee,Rs.500 for share money and Rs.100 as saving. Interest at the rate of 4% . On the basis of the deposited amount in this amount woman can start their new business and can make their future secure.
Recurring deposit account
Under this saving of the co-operative the members can open an account on their names by submitting an application. The account holder must be a member of the compulsory deposit scheme. In this scheme a member has to deposit a definite amount for a definite period. This minimum amount is Rs. 50/- but there is no limit to the maximum amount. A member can take advantage of this scheme for a minimum period of 12 months or even more. This interest rate here ranges from minimum of six percent to maximum of 7.75 percent. It varies from period to period.
Reinvestment account
Under this scheme a member can redeposit his deposited capital in the credit cooperative society. She will get quarterly interest. The advantage of this scheme is that quarterly interest on his deposited is counted and added to his capital. She can again get interest on that total amount and amount has doubled after 120 months.
Fixed deposit account
Under this scheme a member has to deposit a fixed amount for a fixed period. This scheme is applicable from a period of 3 months to any number of years. The rate of interest in this scheme ranges from 5 to 7.75 percent according to the period.
Senior Citizen (FD & Recurring account)
This scheme was launched by the society in the year 2012-2013. Those women who are senior citizen are given interest at the rate of 8 percent.