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GPNL Recurring Deposit Scheme

GPNL SHAPATH YOJANA:
    “SHAPATH” means “determination”. Its name truly justify the plan, if someone take SHAPATH (Determination) to achieve initial financial success for their personal, family or business growth, and adopt the path of small but regular contribution towards this plan, a disciplined approach and strong determination shall definitely make him/her achieve the initial financial success. This plan is for 4 years and 5 years only and has got interest up-to 10.00%.
Highlights of the Scheme:

    4 Years Recurring Deposit Scheme-

    • Interest rate @ 09.00%.
    • Lock in period after 2 year.
    • After Lock in period 4.50% interest should be charge on your deposit Amount.
    • Every Installment should continuous till Lock in period.
    • Account shall be opened with minimum amount of 100/- therafter in multiple of 100/-
    • Every Member Account Holder shall be issued a Certificate.
    • Receipt shall be issued against every installment.
    • Loan facility available after the 6 Months of deposit.
    • Loan available upto 80% of deposit (Loan wearer + Guarantor).
    • Interest will be charge 1.5% as compound (Monthly).
    • Double Nomination facility available.

    5 Years Recurring Deposit Scheme-

    • Interest rate @ 10.00%.
    • Lock in period after 2.5 year.
    • After Lock in period 5.00% interest should be charge on your deposit Amount.
    • Every Installment should continuous till Lock in period.
    • Account shall be opened with minimum amount of 100/- therafter in multiple of 100/-
    • Every Member Account Holder shall be issued a Certificate.
    • Receipt shall be issued against every installment.
    • Loan facility available after the 6 Months of deposit.
    • Loan available upto 80% of deposit (Loan wearer + Guarantor).
    • Interest will be charge 1.5% as compound (Monthly).
    • Double Nomination facility available.

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