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Help Centre : 07683-240294
CORPORATE OFFICE
Vijay Nagar, behind R.C.S School.
Birla Nagar,Gwalior, 474004 (M.P.)
Contact No.: 07683-240294
Website: www.chambalmalwa.com
NEWS & EVENTS
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Fixed Deposit Schemes:- Chambal Malwa Credit Co-operative Society
No. Period Rate of Interest Maturity @ 5000 Rs.
1. 1 Years 9.00% 5450.00/-
2. 2 Years 9.50% 5995.00/-
3. 4 Years 12.00% 7868.00/-
Terms & Conditions
1. Minimum Amount Rs.5000/-
1. Minimum Fixed Deposit would be of Rs.5000.
2. Interest calculation would be yearly compounded.
3. 70% of the loans against deposits.
4. 5% higher interest on applicable rate of interest would be charged on loan against deposits.
5. A penalty of 5 % would be charged from the borrower on default any of the monthly installments, with next month installment.
6.There must have no interest after the time period over .
7. PAYMENT BEFORE MATURITY: -
• No premature withdrawal facility is available up to 12 months scheme
• Premature withdrawal facility is available on 24 months scheme after 12 months. On withdrawal After 12 months Simple interest @ 5% per annum would be payable on    the deposit amount in F.D. scheme.
• Premature withdrawal facility is available on 48 months scheme after 12 months. On withdrawal After 12 months Simple interest @ 5% per annum would be payable on    the deposit amount in F.D. scheme. And if one wants to withdraw After 2 years-the rate of interest would be calculated 5 % less than the applicable rate of interest.
 
 
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