Needless to say what Diwali expenses are like in India. It is the biggest festival and demands a lot of money expenses. If not spent wisely, all your savings can vanish just in a while! What to do?
Save as much as you can!
Diwali is an extravaganza that comes and steals all your savings away! Saving is most important to cover our major Diwali expenses such as new clothes, household things, gifts, house renovation and more. If you keep a habit of saving a little amount everyday throughout the year, those savings can do a lot for you in during Diwali time.
Are you one of them who believe in storing the savings somewhere in the cupboard? If yes, then you are being greatly mistaken. Because you are missing on a very good rate of interest. Deposit your savings in the right investment scheme and see it get double/triple in no time.
Invest with Adarsh Credit
We at Adarsh Credit Co-Operative Society bring to you some most competitive and money-minting investment schemes which you can consider. This will help you earn higher interest rates and guaranteed good returns. Following are a few of our investment plans:
1. Monthly Income Scheme (MIS)
With Adarsh Credit’s MIS scheme, you may invest a particular amount and get return on it every month till the tenure ends. Tenure of your scheme can be anything ranging from 12 months to 72 months. According to your MIS plan, we offer a high rate of interest (8-10%) on your MIS deposits. Investing your savings in MIS scheme can give you enough money to spend for the Diwali month.
2. A-36 Term Deposit
This is a Term Deposit plan which allows you to deposit an amount of minimum Rs. 500 after which you can deposit in a multiple of Rs. 100. This scheme runs for 36 months (3 years). The rate of interest for A-36 term deposit scheme is 10.13%, compounded quarterly. So if you invest 1 lakh this Diwali, you will get 1 lakh 35 thousand on the Diwali after 3 years.
3. Fixed Deposit
Adarsh Credit offers you high-interest fixed deposit schemes. Based on the tenure of your fixed deposit, attractive FD interest rates are paid. Tenure may vary from 12 months to 60 months and interest, from 9 to 10%.For the women and senior citizen members, we offer 1% extra interest rate on your fixed deposit.
So which investment plan are you willing to go with? Invest now and save for your next many Diwali seasons. Hurry!