Mananthavady Co-Operative Urban Society 
Free Call To Us:
+91 94952 39410
Open Time:
Mon-Sat (10 AM - 5 PM)
Free Call To Us:
+91 94952 39410
Open Time:
Mon-Sat (10 AM - 5 PM)
The primary purpose of saving deposits is to provide individuals with a safe place to store their money while also earning some interest on the deposited funds.Safety is one of the attractive benefit. An SB Account offers a moderate interest rate also
Fixed Deposit is also known as Term Deposit. Fixed Deposit means an amount is deposited in Society for a fixed period. The Society offers a fixed rate of interest for that period.
Recurring Deposits are a special kind of Term Deposits offered by Society in India which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at the rate applicable to Fixed deposit.
A daily deposit in a Society typically refers to the practice of depositing money into a Society account on a daily basis.