Recurring Deposit

Recurring Deposit Accounts It’s a type of deposit account provided by banks to people with a regular income. Investors will have to issue a standing instruction to debit a fixed amount from their savings and credit it to the recurring deposit account. A delay in regular payments will result in reduction of the interest payable at maturity. Banks also provide loan facility on recurring deposits to their customers and it can go up to 90% of the deposit value.

Plan RI-1 RI-3 RI-5 RI-7 RI-1 RI-3 RI-5 RI-7
Redemption Periode 1 Years 3 Years 5 Years 7 Years 1 Years 3 Year 5 Years 7 Years
Monthly Quarterly Half Yearly Yearly Total Deposit Value Maturity Value
200 596 1188 2352 2400 7200 12000  16800 2560.2 8823.6 17127 28420
1000 2980 5940 11760 12000 36000 60000 84000 12801 44118 85635 142100
2000 5960 11880 23520 24000 72000 120000 16800 25602 88236 171270 284200
3000 8940 17820 35280 36000 108000 180000 252000 38403 132354 256905 426300
5000 14900 29700 58800 60000 180000 300000 420000 64005 220590 428175 710500

Fixed Deposit

We have over 4 years of experience in this field. We have variety of deposit scheme for our registered member like Recurring Deposit , Fixed Deposit, Monthly Income Plan, Savings Account, Loan facility etc. By expanding our various scheme we always try to provide a safe secured future to our beloved members and their family.

Plan FS-1.5 FS-3 FS-5 FS-6 FS-7.5 FS-9 FS-18
Redemption Period 1 .5 Years 3 Years 5 Years Double
Benefit
Plan
6 Years 		Dhan
Varsha
Yojana
7.5 Years 		Triple
Beneit
Plan
9 Years 		Child
Future
Plan
18 Years
Principal Value Maturity Value
1000 1172.5 1423.8 1842.5 2000 2500 3000 10000
2000 2345 2847.6 3685 4000 5000 6000 20000
3000 3517.5 4271.4 5527.5 6000 7500 9000 30000
5000 5862.5 7119 9212.5 10000 12500 15000 50000
10000 11725 14238 18425 20000 25000 30000 100000
25000 29312.5 35595 46062.5 50000 62500 75000 250000
50000 58625 71190 92125 100000 125000 150000 500000
100000 117250 142380 184250 200000 250000 300000 1000000

Monthly Income Plan

We have over 4 years of experience in this field. We have variety of deposit scheme for our registered member like Recurring Deposit , Fixed Deposit, Monthly Income Plan, Savings Account, Loan facility etc. By expanding our various scheme we always try to provide a safe secured future to our beloved members and their family.

Plan Redemption Period Principle Value Return/Month Principle Value Return/month
MIP-3 3 Years 100000 700 1000000 7000
MIP-5 5 Years 100000 1000 1000000 10000
MIP-7 7 Years 100000 1200 1000000 12000

SAVINGS A/c

What is Savings Account ?

A Savings Account is a virtual vault created by the Yashodeep on the request of an individual, in which account holder can safely and securely store a virtual representation of his / her real wealth. Account type differs in the terms on which you can use them, with regard to deposits, timing, withdrawals, interest rates, purpose, etc. In today’s world, hard cash in a gunny sack isn’t the safest or smartest way to manage your finances. Today, all the account holder stash their money with WISHVAASs, who have enabled us to track their balances, transactions, etc. through a variety of means – both in print, and online. When an individual approaches to us with some money and requires a secure place to store that money, the Yashodeep will offer the individual its most basic product – a savings account.

Why Open a Savings Account?

In Yashodeep ,we require the account holder to maintain a minimum account balance of a certain amount, failing which, Yashodeep charges a maintenance fees. Savings accounts generally offer an interest rate slightly higher than the rate of inflation, in order to keep the real value of money stable throughout the years. Modern savings accounts are feature packed and offer quick links to pay bills, make quick transactions, etc. to the account holder as soon as he / she logs in to the account.

  • ✔ Savings accounts have daily withdrawal limits so that they aren’t used as current accounts.
  • ✔ Savings accounts are generally not zero-balance accounts.
  • ✔ Savings accounts offer an excellent amount (if not as much as current accounts) of liquidity of funds.
  • ✔ Savings accounts are usually opened by salaried individuals, as business people usually prefer to maintain current accounts that offer less interest but more liquidity and generally have no minimum balance requirements.

In Yashodeep , customize savings accounts depending on the general type of usage the account witnesses in its lifetime. A savings account is a virtual vault that holds your money, allows you to withdraw a certain amount from it at certain intervals, and adds to itself a small amount (as interest) each year. Savings accounts are the most common type of account held by individuals around the world and we offer most flexible plan to our member.

Sl. No. A/c Opening Type (In Rs) Minimum Average Balance To Be Maintained Throughout A Financial Year (In Rs) Penalty (In Rs) ROI (%) Per Year ROI (%) Per Quarter
1. 1000 0 to 999 100 0 0
2. 5000 5000 To 9999 200 4 1
3. 10000 0 to 999 250 5 1.25
4. 25000 25000 To 49999 350 5.5 1.375
5. 50000 50000 To 99999 450 6.25 1.5625
6. 100000 100000 To 199999 650 7 1.75
7. 200000 200000 To 299999 1000 8 2
8. 300000 300000 and above 1250 6 1.5