Best investment scheme for future expenses

Relish the dreams of your youth with Adarsh Credit Co-operative Society

It is often said that live while you are young and free so that you don’t regret it later. Well, it may be true. When you are young, you have the potential and the right resources to do so. But once you grow old, your deep web of responsibilities binds your dreams and never lets you achieve them. While fulfilling your desires might seem difficult to you at this moment, if you plan well and invest in the right places, this difficulty can be solved.

Hence, start investing in some reliable and beneficial investment schemes offered by our Adarsh Credit Co-operative Society to turn your dreams into a reality.

Daily Deposit scheme

The truth is that dreams cannot be achieved in a single day. You need to plan things and act accordingly in order to achieve them. Whether it is a dream of buying your own house or having dinner in your dream restaurant, you should plan it well to achieve them. Hence, start investing on a daily basis with our Daily Deposit scheme and take the first step towards achieving your dreams. Under this scheme, you can invest an amount a minimal amount of Rs.10 on a daily basis for a short period of 1 or 2 years and yet get a decent rate of 8% and 10%. This way, you will set the basis of your sound financial future which will help you achieve your dreams in the long run.

Monthly Income Scheme

When you are young, you don’t really earn for fulfilling your basic needs, instead, you earn to fulfill your desires. And desires never end. But what if you get monthly returns from an investment scheme along with the salary you earn? It will bring a huge sigh of relief to your expenses and help you spend more without worrying about your salary. The Monthly Income Scheme from our Adarsh Credit Co-operative Society is one such investment scheme. Under this scheme, you get returns on a monthly basis with an initial investment of Rs.10,000 with further investments in Rs.1,000. The scheme can be availed for a period of 1 year to 10 years. Also, depending upon the maturity tenure of your scheme, the interest rate varies from 9.5 to 15%. So, fulfill your desires while managing your expenses with us.

A-15 Term Deposit scheme

Planning to go on a solo trip? Start planning today with the A-15 Term Deposit Scheme. This scheme eases your burden of collecting a decent amount for a trip by enabling you to invest for a period of 15 months. The basic investment should be made of Rs.5,000 and further installments can be made multiples of Rs.200. At the end of tenure, you get a maturity amount of Rs.5,825 for every Rs.5,000 you have deposited by then. Remember, the more you invest, the more you get in return. Also, a good part of this scheme is that there is no maturity facility available which means that you can’t spend it on unnecessary expenses. Thus, a part of your savings goes towards your solo trip fund every month and you can’t even touch that money until the scheme expires. Sounds great, doesn’t it?

So, relish your youth and fulfil all your dreams with Adarsh Credit Co-operative Society. To know more about such investment schemes, visit the society today.

Adarsh Credit Saving Account scheme

Lead a dignified retirement life with investment schemes by Adarsh Credit

When you are young and working, you hardly think about the time when you will grow old and you will retire. At that time, you will neither have the energy to work nor a stable source of income to support your everyday expenses. Hence, it is essential to start saving for your retirement early so that you can have a decent amount with you by the time you retire. Not only will it help you in managing routine expenses at that time but will also support you in leading a dignified life.

While there are many organisations which offer retirement plans, it is preferable that you do detailed research on them before choosing one. Remember, the wiser your decisions are, the better it is for you.

In order to help you sail through the confusion, we at Adarsh Credit, present a few investment schemes which will be a good choice for your retirement.

Savings account

When you plan investments for your retirement, remember not to invest all your money in long term investment schemes. Invest a decent amount in easily accessible schemes as well as it will help you in times of emergencies. One such investment can be a Savings account. This scheme is easily accessible and usually offers decent interest rates. At Adarsh Credit, you will fetch an interest rate of 6.75% along with other facilities like zero-facility facility, free statement facility, unlimited number of transactions, etc.

Fixed Deposit

Fixed Deposits can prove to be one of the suited alternatives when you are considering a number of investment schemes for your retirement. They are a safe bet for your money and prove to be helpful in the long run. At Adarsh Credit, you can choose the tenure of your scheme as per your convenience, from a period of 3 months to 10 years. Moreover, we offer high-interest rates that vary between 10-15%. The higher is the invested amount and the tenure of the scheme, higher is the interest rate.

Adarsh Bachat Patra

Term Deposits are another great way to invest for your retirement. We, at Adarsh Credit Co-operative Society, have revamped the term deposit and named it as Adarsh Bachat Patra. Under this scheme, you will be able to double your investments after the tenure of 72 months. The initial investment is as low as Rs.500 with further investments in multiples of Rs.100. Thus, you don’t have to bear the load of saving a large sum of amount for your retirement. Even small savings can do wonders.

Share Capitals

Share Capitals can prove to be helpful if you want to fetch great dividends by the time you reach your retirement. Unlike other financial organisations, Share Capitals at Adarsh Credit have been moulded to suit the needs of our members. This is the reason that you can purchase a single share for a minimum amount of Rs.10 at Adarsh Credit and get a decent dividend of 16% every year. You also get the liberty to choose the period of your investment which can range anywhere between 1 to 10 years. Moreover, you can withdraw your money as soon as your scheme matures and the maturity amount is transferred within minutes.

So, start planning your retirement and make a wise decision by choosing Adarsh Credit Co-operative Society. To know more about our investment schemes, visit the society today.

Adarsh Credit Co-operative Society

5 Reasons to become a member at Adarsh Credit

In India, Credit Co-operative Societies serve a major purpose of providing people with necessary financial aids and supporting them in their financial endeavors. Being one of the leading Credit Co-operative Societies of India, we at Adarsh Credit, consider this purpose as our major priority. Our promising benefits are highly appreciated by the members of our society which further motivates us to serve them better. The fact that we have more than 2 million members in our society only proves our commitment.

Read on to know about our appealing benefits and enroll as our member to avail them.

Fetch high-interest rates

One of the motives of Adarsh Credit Co-operative Society is to provide the best financial services at a reasonable expense to our members. Hence, most of our investment schemes offer high-interest rates at a reasonable expense to our members. This helps you to fetch good returns against the amount you have deposited in our investment schemes.

The minimum amount of deposit is low

An interesting aspect of our investment schemes is that you don’t have to deposit big amounts in them. A minimum amount which might be as low as Rs.10 can also fetch good returns to you after the end of the duration of your investment scheme. Thus, start investing immediately because even a small amount of savings can save you from unpredictable circumstances.

Attractive investment schemes

At Adarsh Credit, we don’t just talk about providing attractive benefits to our members but we also make sure that such benefits are provided to them. A few such benefits include our Adarsh exclusive products which carry special benefits for the members of our society. These schemes provide a high rate of interest and sometimes even for a short period of time. Moreover, the minimum amount of deposit is also low.

Access the digital world at your fingertips

We, at Adarsh Credit, are amused by the way digitization is opening new avenues and making everyone’s life simpler. It has bridged the gap between the rural and urban areas of India and has accelerated the speed of our day to day activities. In order to keep up with these developments, we have introduced a number of digital innovations in our society. One such major innovation is our Adarsh Money mobile application. It is the only mobile application launched by a Credit Co-operative Society in India which enables our members to carry out routine transactions anytime and anywhere.

Hassle-free process for registration

Unlike other financial institutions, you don’t have to undergo a stringent process in order to become a member of Adarsh Credit Co-operative Society. Just submit a membership application form on our Adarsh Money mobile application for Advisors along with your KYC documents and at least one share of Rs.10. This share is a compulsory clause to become a member of society. You can also submit the form at any of our branches.

So, become a member at Adarsh Credit Co-operative Society and enjoy these benefits. Visit our society to know more.

Achivements of Adarsh Credit Cooperative Society

Explore Adarsh Credit’s major achievements of 2018

Another year has come to an end with memories which will last a lifetime. We, at Adarsh Credit, hope that your year has been a good one and wish you a successful new year as well.

For us, this year has been a year of digital gradation which has helped us to serve our members in an efficient way. With our constant efforts this year, our members can now avail our services at their hand tips and enjoy a simpler life.

Read on to know our achievements of 2018 which have made the lives of our members easy.

Streebo helps Adarsh Credit Co-operative Society to improvise Adarsh Money

The eminent Houston-based IT company, Streebo worked with us for a period of 4 months to develop an innovative drag and drop application with the use of DX Accelerator. It has made the Adarsh Money mobile application efficient and more user-friendly to our users.  Also, our members can access their account while availing the amazing benefits provided by the app. Services like ticket booking offered by DX Accelerator’s ‘Point and click accelerator’ have also become smoother than before.

Adarsh Credit’s CTO receives IDC Insights Awards

Himanshu Shah, the Chief Technical Officer of Adarsh Credit Co-operative Society, received the prestigious IDC Insights Awards for his commendable contribution in shaping the technical revolution at Adarsh Credit Co-operative Society.

Shareholders get a raise in the dividend

We, at Adarsh Credit Co-operative Society, have always strived to provide the best possible benefits to our customers. Hence, at the 20th Annual General Meeting of the society, we along with our members decided to raise the dividend from to 16%. This will benefit our shareholders by letting them fetch a higher credit at the end of 10 years.

Adobe Sign – an innovative way to move ahead

Moving ahead with our motto of digitization 2018, we, at Adarsh Credit, had a tie-up with Adobe which is an American multinational computer software company. With the help of the tie-up, we adopted Adobe sign which is basically a digitalized signature. This feature enables our members to carry out their transactions with the help of digital signatures validated through their smartphones.

Adarsh Credit contributes to a number of social initiatives

Adarsh Credit Co-operative Society has always believed in the importance of giving. We have always contributed to various social initiatives of the society. So, like every year, 2018 has also been a successful year for us in this aspect. We took up a number of initiatives like we helped Ajay Nehra, an under-19 Floorball champion to attend the world Floorball championship in Singapore. We played a key role in organizing ‘Fag Mahotsav’ which was an initiative to celebrate the association between Gujarat and Rajasthan. We honoured the women working in our society on ‘International Women’s Day’. Moreover, we organized various blood donation camps.

So, become a member of Adarsh Credit and be ahead of the time, always. Avail the exciting benefits of our schemes and enjoy a financially sound life. Visit the society to know more.

Give Secure future Gift to your child with adarsh credit

Be the Santa Claus for your children with Adarsh Credit

It is often said that children grasp the things better than an average adult. This is the reason why you teach your children good habits from a young age. And while you teach your children every possible thing which will be helpful later in their lives, don’t forget to share your financial knowledge with them too. Teaching them the art of savings and importance of various investment schemes will be highly beneficial to them as they will learn to make better financial decisions from a young age itself. They will grow up to be individuals who hold a strong financial sense and thus they will be able to secure a sound financial present and future for themselves.

With Christmas around the corner, this is the perfect time to do so. Become a Santa Claus to your children and gift them a valuable treasure of financial education as their gift rather than the traditional sweets. To make the task easier, we, at Adarsh Credit Co-operative Society, have suggested a few ideas for your new endeavour.

A savings account is a basic need

In this digital era, it is essential to have a savings account. It helps you carry out your routine transactions and plays a key role in making such transactions cashless. Such an account provides an easy access to funds and can help you manage your finances easily. Hence, educating your children on a savings account is a good way to start their financial journey. A savings account from Adarsh Credit Co-operative Society has many benefits. Our savings account interest rates are high and the account is basically a No-Frills account i.e., there is no compulsion of maintaining a minimum balance in the account. Amazing, isn’t it?

Take your first step of investment

Do you remember saving your money in piggy banks during your childhood? Your habit has taken you a long way on your financial journey and now it is the right time to pass it to your children. Unlike old times when having a bank account was a luxury, help your children to deposit that money in various investment schemes. This will help them to get a real-life experience and expose them to a wide range of financial investments. Begin with a small investment scheme, wherein the deposits are small and the process is easy. Daily Deposit scheme by Adarsh Credit Co-operative Society is one such scheme which also fetches high-interest rates and is easy to manage.

Fixed Deposits- A secure way for investments

Children should know that while small savings fulfil the basic necessities of our life, long-term savings can fulfil their big desires. While many people invest their money in various investment schemes to fulfil their desires, such schemes can prove to be risky due to frequent market fluctuations. In certain situations, if these fluctuations turn to be negative, then you might lose your money. In such situations, fixed deposits can prove to be a safe bet. At Adarsh Credit, our fixed deposits offer long term and short term fixed-deposits which extend from 3 months to 10 years. Moreover, the fixed deposit interest rates are high which vary between 7-15.5%. Thus, children should learn that it is not necessary to risk money in order to get good returns. Rather, being wise while investing is more important.

Hence, encourage your children to involve themselves in your routine financial engagements. Sow the seeds early and enjoy the sweet and strong fruits. Let Adarsh Credit Co-operative Society be a reliable partner in your attempts by investing in our investment schemes. We wish you a very happy Christmas!

Double your income with adarsh credit

Adarsh Bachat Patra- A good way to double your investment from Adarsh Credit

There is always a lot of confusion when it comes to saving your money with the help of various investment schemes. You not only need to be wise but also need to be careful about it.

Adarsh Bachat Patra scheme is one of the investment schemes launched by Adarsh Credit which can be a wise choice for you under such confusion. To clear your doubts on the scheme, we have answered a few common questions. With the help of our answers, we hope to ease your worries of investment and help you make a clever decision for you and your family.

What is Adarsh Bachat Patra?

Adarsh Bachat Patra is basically, a term deposit introduced by Adarsh Credit Co-operative Society wherein the beneficiary gets good returns after investing a sufficient amount in the scheme. The scheme is restricted to the members of the society only.

How does this investment scheme help you?

The Adarsh Bachat Patra scheme is of a great benefit to the members of the society. Not only does the term deposit helps you double your total investment at the end of the scheme’s tenure but also comes with the benefit of members’ exclusive services. Thus, if the amount which has been collected at the end of the tenure is Rs.1,000; then you get a return of Rs.2,000. In addition to this, we provide a nomination facility as well.

How much amount should be deposited in the scheme?

With the constant price rise in the market, it is essential to invest your money in good investment schemes. At Adarsh Credit Co-operative Society, you can invest a low amount yet fetch good returns at the end. While there is no particular limit to the maximum amount of deposit in the scheme, the minimum amount for deposit is Rs.500. Further deposits have to be made in multiples of Rs.100.

What is the duration of the scheme?

At Adarsh Credit, we want our members to gain maximum benefit of our schemes. Hence, the Adarsh Bachat Patra has a mandatory duration period of 72 months for the scheme. There is no flexibility in choosing a term of a lesser duration. This helps us provide a decent amount to you at the end of the tenure.

Is there a pre-maturity clause?

Yes, the term deposit provides a pre-maturity payment facility in the scheme. Under the norms of the Adarsh Credit Co-operative Society, you can utilize a pre-maturity payment facility after investing for a period of 36 months in the scheme. Further terms are applicable as per the rules of our society.

Does Adarsh Credit provide a loan against this scheme?

We, at Adarsh Credit Co-operative Society, want our investment schemes to be highly useful to you. We want them to help you whenever you are in need. Thus, like most of our schemes, the Adarsh Bachat Patra scheme also comes with a loan facility. You can apply for a loan of about 60% of your total invested amount after a period of 3 years of the scheme.

Remember, it is always better to ask before jumping to a conclusion, especially if it is about investing your money. Hence, for any further queries on Adarsh Bachat Patra, feel free to contact Adarsh Credit Co-operative Society.

Daily Deposit Scheme - saving account

Daily Deposit scheme- An aid to the common man

The common man is an integral part of the society and is affected by the activities carried out in the society. With the constant price rise and growing necessities, there is no relief to his aid. In such situations, a habit of savings is highly helpful.

Usually, the women of the house tend to save money or the children deposit collected pennies in their piggy banks. But instead of just saving that money, if you can fetch good returns on it, then that money is more useful. While there are many schemes wherein you can get good returns, it is wise to choose the one which fits your requirement. The Daily Deposit scheme, also known as Pigmy Deposit scheme, by Adarsh Credit Co-operative Society is a great investment option for the common man. The Pigmy scheme benefits you by letting you deposit a minimum amount on a daily basis and fetches good returns by the end of your tenure.

Let us know more about the Daily Deposit scheme.

  • A small amount, big savings

    You don’t need a big amount for investment in order to fetch decent financial returns, always. Being wise is more important. With our Daily Deposit scheme, even your minimum investments as small as Rs.10 and further ones in multiples of Rs.5 can fetch you decent financial returns.

  • Short-term investments

    The Pigmy Deposit scheme enables you to invest your money for a period of 1 or 2 years. This is a great advantage to you because such short-term investments help you use your money for multiple purposes and make your engagements, flexible. Hence, you don’t have to wait for years for the maturity of your investment. You can easily access it after a period of 1 or 2 years.

  • High interest rate

    While small investments help you grow financially, high-interest rates create a difference in your investment. In order to make that difference, the Daily Deposit scheme offers high interest rates. For a period of 12 months of deposit, the rate of interest is 8% whereas for a period of 24 months, it is 10%.

  • Pre-maturity of the scheme

    We, at Adarsh Credit Co-operative Society, are highly dedicated to helping our members in crucial situations. Hence, if you want to withdraw your money from scheme due to any reason, you can do so with the help of the prematurity facility. This facility can be availed after a period of 3 or 12 months depending upon the tenure of your investment, under certain conditions.

  • Loan facility

    Under unpredictable situations, if you are in need of a loan, then there is a provision of loan facility under the Daily deposit scheme. If your minimum deposit balance is Rs.1,000, then you can take a loan of maximum 60% against your minimum deposit balance. Further, the interest rates are applicable as per the rules of our society.

So, don’t let your hard-work wash away with the increasing expenses. Save your money and fetch good returns in future with our Daily Deposit scheme. Visit Adarsh Credit Co-operative Society to know more about the scheme.

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.