SCHEMES

• Deposit Schemes

Society shall accept deposits from its members only, either in the single name or jointly. The first name of the depositor shall be of the members of the society only.

Presently the following schemes are in operation:

1. 1. Thrift fund- Every member has to deposit minimum of ₹100/- every month subsequent to acceptance of membership. It may also be deposited in the multiples of ₹100/-.

   2. Welfare fund- Every member has to deposit ₹50/- along with his/her thrift fund installment.

   3. Adarsh Nidhi Yojna*- It is a fixed deposit scheme in which deposit is accepted for ₹1000/- (Minimum) in the multiples of ₹100/- for minimum period of 6 months and maximum period of 5 years. Interest is calculated on quarterly compounding basis. (Temporarily Stopped)

   4. Adarsh Masik Nidhi Yojna- It is a recurring deposit scheme in which a fixed amount is deposited every month for a chosen period from 6 months to 5 years. A minimum of ₹100/- is accepted in this scheme. Penal interest is charged for delayed deposit.

   5. Adarsh Daily Nidhi Yojna- This scheme is primarily for small entrepreneurs who can deposit daily. In this scheme minimum of ₹10/- is accepted for a period of minimum 1 year and maximum 3 years.

   6. Adarsh Monthly Interest Yojna*- This scheme is primarily for retired persons who want to invest lump sum amount for a fixed period to earn monthly interest for meeting their expenses. The principal amount may be reinvested or withdrawn after fixed period. (Temporarily Stopped)

   7. Adarsh Quarterly Interest Yojna*- This scheme is identical to the Monthly Interest Yojna in which interest is payable on quarterly basis for a fixed period. (Temporarily Stopped)

The following schemes have been proposed w.e.f. 18.07.2011. 

1. Adarsh Sahyog Nidhi Yojna(Double)*-This scheme doubles the principal amount after a period of 7 years. (Temporarily Stopped)

2. Adarsh Sahyog Nidhi Yojna(Triple)*-This scheme triples the principal amount after a period of 11 years. (Temporarily Stopped)

3. Adarsh Bal Nidhi Yojna*(conditions apply) - Interest will be +1% of Adarsh Nidhi Yojana. (Temporarily Stopped)

4. Adarsh Masik Bal Nidhi Yojna*(conditions apply) - Interest will be +1% of Masik Adarsh Nidhi Yojana. (Temporarily Stopped)

• Loan Scheme (For Members Only)

Members may avail short term, medium term and long term loans from the society for different purposes against securities/sureties as formed by the Managing Committee from time to time. 

• Member's Welfare Schemes

1. On accidental death or permanent disability – ₹30000/- w.e.f. 19th September 2016

2. Death due to cancer ₹15000/- w.e.f. 4th September 2014

3. For cancer treatment ₹10000/- w.e.f. 4th September 2014

4. Serious accident of member leading to hospitalization ₹7500/- w.e.f. 19th September 2016

5. For heart/kidney ailments managing committee is authorized to decide (w.e.f. 4th September 2014)

6. Son or daughter of members passing 10th and 12th board examinations with 80% and more marks will be rewarded ₹700 and among all those who secure above 80% marks the highest marks scorer will get additional ₹1000. w.e.f. 4th September 2014

7. Members and their families (wife/son/daughter) representing district, state and country will be rewarded ₹1001, ₹2501 and ₹7501 respectively along with honour (w.e.f. 4th September 2014)

8. Funeral expense on death of members ₹7500 with effect from 19th September 2016

Note : Members who doesn't deposit membership since Six months or more than Six months are not able to take Society's Welfare Schemes.(w.e.f. 30th March 2022)