Deposits

Earn assured returns on your savings and meet your short-term and long-term goals with fixed deposits from MVSPSN. With attractive interest rates and flexible investment tenures, our fixed deposits are one of the safe investment options available. Opt for a fixed deposit account with us and let your savings grow over a period ranging from 45 days to a decade.
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ISO 9001:2015 Certified Institution. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . ನಿಮ್ಮ ಸೇವೆಯೇ ನಮ್ಮ ಸುಯೋಗ. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ISO 9001:2015 Certified Institution . . . . . . . . . . . . . . . . . . . . . . . . . . . . ನಿಮ್ಮ ಸೇವೆಯೇ ನಮ್ಮ ಸುಯೋಗ. . . . . . .

Fixed Deposits

There are 2 kinds of Deposit schemes In our Sahakari

  • Sarvodaya Deposit certificate
    • Sarvodaya Deposit certificate (simple interest S.D.C.)
    • Sarvodaya Compound Deposit (simple interest S.C.D.)
    Note:
    • Nomination facility now available while booking Fixed Deposit
    • Easy investments with high returns
    • Flexibility and security in one offering
    • Higher rate of interest on Fixed Deposits for Senior Citizens
    • Payout can be paid monthly, quarterly or at maturity.
      • NO TDS ON FIXED DEPOSIT
...
Duration Rate of Interest
45 days to 180 days 6 %
181 days to 01 year 7.50 %
01 year to 02 years 8.25 %
02 year to 05 years 7.50 %
05 year to 10 years 7 %
  • NOTE: For Senior Citizens 0.50% extra (180 days & above)
  • NOTE:Above 25 lakhs 8.75% interest (1 to 2 years) T & C Apply

Recurring Deposit(RD)

Recurring Deposits are a special kind of Term Deposits offered which help people with regular incomes to deposit a fixed amount every month into their Recurring Deposit account and earn interest at the rate of 8.5%. It is similar to making FDs of a certain amount in monthly installments,. This deposit matures on a specific date in the future along with all the deposits made every month. Thus, Recurring Deposit schemes allow customers with an opportunity to build up their savings through regular monthly deposits of fixed sum over a fixed period of time.

Holiday List for 2024

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Sl.No. Date Day General holidays
01 15.01.2024 Monday Makara Sankranthi
02 26.01.2024 Friday Republic Day
03 08.03.2024 Friday Maha Shivaratri
04 09.04.2024 Tuesday Chandramana Yugadi
05 11.04.2024 Thursday Ramadan
06 01.05.2024 Wednsday International Workers' Day
07 15.08.2024 Thursday Independence Day
08 07.09.2024 Monday Ganesh Chaturthi
09 11.10.2024 Friday Mahalaya Amavasya / Gandhi Jayanthi
10 11.10.2024 Friday Mahanavami, Ayuda pooja
11 12.10.2024 Saturday Vijayadashami
12 31.10.2024 Thursday Naraka Chathurdashi
13 01.11.2024 Friday Kannada Rajyothsava
14 02.11.2024 Saturday Balipadyami, Deepavali
15 25.12.2024 Monday Christmas Day

Mahayogi Vemana Souharda Pattina Sahakari Sangha

Mahayogi Vemana Souharda Pattina Sahakari Sanghawhich strives for the financial strengthening among the members. A product by the young cooperative intellectuals from different fields such as social workers, businessmen and agriculturists. Mahayogi Vemana Souharda Pattina Sahakari Sanghawas started its functioning on 14th September 2010. The cooperative was registered under Karnataka State Souharda Sahakari Act 1997.

Contact Us

Mahayogi Vemana Souharda Pattina Sahakari Sangha
"Vemana Soudha", No.784, 8th'A'Cross,
Lions Seva Bhavana Road, Yelahanka Newtown,
Bengaluru - 560 064

Tel  : +91 99450 92626
Email :  mvsouharda@gmail.com

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