Adarsh SIP Scheme

Secure your child’s future with Adarsh Credit’s SIP scheme

As parents, you would want to give all the comforts of the world to your child. You would want your child to be successful in life without any hindrance, right? But the life we lead comes with a probability of uncertainties. You never know what happens in the next moment. Hence, it always beneficial to have backup plans ready. In such situations, investment schemes act as a savior to your child’s present and future, also.

While there are many investment schemes in the market offering attractive benefits, the best choice should be the one which aligns with your financial goals. We, at Adarsh Credit Co-operative Society, have always vested our interests in providing you with the best services. Our SIP scheme is determined to fulfil our motive by acting as a good investment scheme, especially in terms of your child’s future. Read on to know about the SIP investment scheme.

What is SIP?

An SIP account enables the members of Adarsh Credit Co-operative Society to deposit a fixed installment for a period ranging between 12 months and 120 months.

Benefits of SIP:

Fulfill all the dreams of your child at a single time

SIP scheme comes with a number of benefits for you. One major benefit is that SIP lets you fulfill your child’s multiple dreams at a time. This can be done by depositing your money as per your convenience. And while you deposit your money at your convenience, you are also investing in other interest of your child.

SIP has 3 types of schemes:

  1. Monthly scheme: Under this scheme, you can deposit your fixed installment on monthly basis.
  2. Half-yearly scheme: Here, you can deposit your fixed installment on a half-yearly
  3. Quarterly scheme: Deposit your fixed installment on a quarterly basis, under this scheme.

Even a less amount of investment can secure your child’s future

Unlike other investment schemes, the minimum amount to be deposited in this investment scheme is not high. In case of monthly scheme, the minimum amount is Rs.100. After the initial investment, further deposits can be made in multiples of Rs.50. Whereas, under the quarterly and half-yearly schemes, the minimum amount of deposit is Rs.1,000 after which investments can be made in multiples of Rs.500. Hence, even with a less amount of investment, you can secure a sound financial future for your child.

No hindrance to your child’s future with high-interest rates

Another major benefit of this investment scheme is that it offers a high-interest rate on the deposited amount. High-interest rates will ensure that your child does not face any hindrance while pursuing his/her dreams. The interest rates in the scheme vary from 9-11% which depends upon the time duration of the deposited credit. For example, on a deposit of Rs.100 per month for a period of 36 months, you get an amount of Rs.7,117 under the half-yearly scheme.

Moreover, when in need, you can avail a loan of up to 60% of the invested amount after a certain period of time in the investment scheme.

Let your child spread wings like a free bird. Let him /her dream as much as they can and achieve all dreams with flying colours. And meanwhile, when your child is building a happy future, secure the child’s future by investing in investment schemes by Adarsh Credit Co-operative Society. To know more, visit our society today.

Adarsh Credit Co-operative Society

Be a part of digital revolution with Adarsh Credit

The digital age is here and everything is available at your fingertips. You just have to relax and operate your electronic gadget to get your work done in a few minutes. And while the country is moving towards creating a ‘Digital India’, we, at Adarsh Credit Co-operative Society stand in sync with the country through our Adarsh Money mobile application. In fact, we are the only credit co-operative society who has launched a mobile application.

Adarsh Money is one-of-its-kind app. Its aim is to connect the rural areas of India to the mainstream ones. The mobile application is user-friendly and all the transactions can be carried out in a secure manner.

Let us get to know more about Adarsh Money as further.

  • Explore the Adarsh Money app

Adarsh Money app is filled with interesting features to help your financial transactions sail smooth. We, at Adarsh Credit Co-operative Society, have put in our efforts to add interesting features in the app like Touch ID, QR code scanning, UPI, and e-KYC. Many services like account balance, pay bills, transfer of funds, can be availed with this app. Moreover, all the services are accessible anytime from anywhere. In addition to this, the app is fast, secure and reliable too.

  • Adarsh Money for Members

Adarsh Credit has come up with a special app for our member enabling them to perform digital transactions as per their convenience. With the help of Adarsh Money, you can check your balance, transfer funds to your own or other’s account, and can recharge your mobile phones and DTH as well. Why stand in a queue to use these services when you can do it on your phone?

  • Adarsh Money for Advisors

Adarsh Money for Advisors is specially designed to empower the productivity of our advisors by letting them focus on daily operations like account opening and financial transactions. It lets our advisors execute their work irrespective of the time and place. Complete your work whenever you wish, without any hurry.

Our quality services to our members and advisors have made the app successful for us. Today, nearly all our members use this Adarsh Money mobile application for their day-to-day transactions. Using this app on an everyday basis will not only help you to digitize your life but also to our country as well. Life will become simpler and our country will grow to be prosperous.

To understand more about our Adarsh Money mobile application, visit Adarsh credit co-operative society today.

5 Perks of opening a savings account with Adarsh Credit Co-operative Society

A few years ago, people used to carry a huge amount of cash in their pockets in exchange for goods or other services. But nowadays, it is risky and highly inconvenient to do so. Whether you are an employee of an organization or an entrepreneur, you will notice that most of the transactions are performed in a cashless manner. Having a savings account makes these day-to-day transactions easy. They also provide an easy access to your funds. While current accounts are used only for a lot of transactions, a savings account is highly suitable for comparatively a lesser number of transactions of funds.

Numerous organizations provide a facility for opening a savings account. Before opening one, research well and consider various aspects of opening a savings account. We, at Adarsh Credit Co-operative Society, offer a facility of a savings account with numerous perks. A few such perks have been listed below:

No-frills account

While most of the organizations have a compulsion for people to maintain a certain amount of balance in their savings account, Adarsh Credit Co-operative Society offers you a no-frills facility. This means that no minimum balance has to be maintained in your savings account. So, now you can decide on how much credit has to be maintained in your account!

Savings account with a good interest rate

The interest rate offered on your savings account varies in every organization. While some institutions offer good interest rates, some may offer a moderate rate of interest. So, be wise and choose one. You may probably go with Adarsh Credit Co-operative Society as we offer a good interest rate of 6.75%.

Unlimited transactions for your savings account

We, at Adarsh Credit Co-operative Society, are determined to create a consumer-friendly environment to serve the best facilities to our members. Hence, our savings accounts come with a benefit of performing unlimited transactions without any extra charges.

Incoming NEFT facility

NEFT facility allows you to transfer or receive your funds from one account to other without stepping out of your home and this can be done with the help of internet. We offer incoming NEFT facility to our users for an amount up to Rs. 49,999. Isn’t it a good amount?

Free statement facility

If you want to get statements for your savings account, you can access it at Adarsh Credit Co-operative Society at zero cost. Unlike other institutions, we don’t charge for your statements. So, tracking your transaction history comes with no cost if you open a savings account with us!
As funds are easily accessible in a savings account, you can withdraw the required amount from your savings account whenever you want to. A quick and hassle-free process! Hence, with so many perks of savings account offered by Adarsh Credit Co-operative Society, make sure that you don’t miss on this one!

Adarsh Credit Co-operative Society

Make your Diwali special with Adarsh Credit Co-operative Society

Make your Diwali special by gifting a token of security to your family with Adarsh Credit Co-operative Society. Entrust your money in our Fixed Deposit scheme and let your family be away from financial pressures.

Fixed deposits offer a good rate of interest on the deposited amount. One has to credit a certain amount of money in the scheme for a fixed amount of time to avail the benefit of the good interest rates. The time duration for which the amount has to be deposited and the rate of interest differ as per the policies of various organizations. At Adarsh Credit Co-operative Society, you can deposit the money from a period of 3 months to 10 years with an interest rate varying accordingly.

Here are some advantages of Fixed Deposits facility offered by Adarsh Credit Co-operative Society:

1) Short-term fixed deposit facility

Short-term fixed deposits facilitate you to invest your money for a period of 3 months to 9 months at a decent interest rate. If you want to avail the benefits of a Fixed Deposit but for a shorter period of time, then this scheme is apt for you.

2) Attractive interest rates

Adarsh Credit Co-operative Society provides attractive interest rates on your FD. The longer the tenure of deposit is; the better your interest rate will be. For instance, on deposit of an amount of up to Rs. 5 lakhs for a period of about 1 to 2 years, the interest rate would be 10 percent on the deposited amount.

3) Small investments, good interest rates

We, at Adarsh Credit Co-operative Society, believe that even a small piece of cloth can save one on a rainy day. Adapting this saying, we have kept a minimum amount of Rs.1000 required for a fixed deposit. After this investment, you can keep depositing money in multiples of Rs. 100. This way, you can get good returns at the end of the tenure.

4) Loan facility against FD

We also offer loan facility against the amount deposited in your Fixed Deposit. This applies only if the maturity term of your FD is of one year or more. Furthermore, the interest rates are applicable as per terms and conditions of Adarsh Credit Co-operative Society.

5) Special interest rates for investments higher than Rs.15 lakhs

For the customers who wish to invest more than Rs.15 lakhs in our fixed deposits get a special benefit under which they can fetch special and high-interest rates on their fixed deposits ranging from 10-15 %.

Enjoy the festival in fervour with Adarsh Credit Co-operative Society. Invest in our fixed deposits scheme and keep your worries at bay.