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Child Care Bond

The Child care bond scheme is a Term Deposit product exclusively available for Adarsh Credit Co-operative Society Ltd. members only. While offering the best Term Deposit interest rates, Adarsh Child care bonds gives maturity of six times of the investment amount after 240 months.

Product TypeTerm Deposit
EligibilityApplicant must be a member of the society
Minimum Deposit Amount₹ 1000 and further in multiples of ₹ 100
Maturity Value₹ 6,000 on every ₹ 1,000 invested
Duration240 months (20 years)
Premature Payment FacilityPre-maturity facility is not available under this scheme
Nomination FacilityAvailable
Loan FacilityLoan Facility not available under this scheme

Interest rates effective from January 01, 2018

FAQ

What is the tenure of Child Care Bond deposit scheme?

The tenure of Child Care Bond deposit scheme is 20 years.

What is the minimum investment amount for Child Care Bond?

The minimum amount of investment is ₹ 1,000 for Child Care Bond and after that, one can invest in multiples of ₹ 100.

Is there any pre maturity facility available in Child Care Bond?

No

Is there any facility for loan in Child Care Bond?

No

THE BEST TERM DEPOSIT SCHEME

Child Care Bond is only available for the members of Adarsh Credit Co-Operative Society Ltd., like our other Adarsh exclusive products. This investment scheme is developed by us to gift you a secured future. Being a term deposit, Child Care Bond allows you to deposit an amount for 20 years. On maturity, you get the return six times more than your invested amount.

This Child Care Bond is a high-return deposit scheme in which the minimum investment amount is ₹ 1000 after which you need to invest in the multiples of ₹ 100. However premature withdrawal is not facilitated here, you get the facilities such as nomination. Enquire now and get to know more about this deposit scheme.

Disclaimer: All the products and services of the Society are exclusively available for members of Adarsh Credit Co-operative Society Ltd. only.

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