Every drop counts – The best way to plan for your future needs is by way of opting sunaulo Bhavishya Yojana which is most suitable for accumulating regular small savings into substantial amount. You can plan and provide for a large investment amount at a future date out of regular small savings. On maturity you shall get the principal amount (i.e. the installment) along with half yearly compounded interest.

Participation in the scheme
Any individual including minor, proprietorship, partnership, Associations, Company, Corporate bodies, Trusts, Charitable and Educational institutions, Municipality etc. can open the account.

Deposit Amount
Minimum amount for opening an account is Rs. 500.00 and amount can be deposited in multiples of Rs 100 but the minimum monthly installment should be more than Rs 500.00. The amount of installment need be fixed at the time of opening the account.

Period of Deposit
12 months to 60 months in multiples of 12 months.

Maturity Value
Paid in lumpsum at the time of maturity.

Premature Withdrawal
Allowed at 1% lower interest rate than the published deposit rate for the deposited period or prescribed rate (Whichever is lower).

Loan

Loan available upto 90% of the deposited amount at 1.25% higher rate than the published deposit rate.