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| Nirmal Ujjwal Credit Co-operative Society Ltd. Nagpur (Multi State) |
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| Lakhpati Balak Scheme |
| (Child Millionaire Scheme) |
| Salient Features : |
- Customer Care - Our Customer Care is always available to answer any query or take your instructions.
- Nomination Facility - You may nominate a person as beneficiary to your account proceeds
- Liquidity - You may liquidate your account pre-matured by incurring a nominal charges for pre-matured liquidation
- Loan Facility – Avail loan on your deposit amount
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| Nomination |
- Nomination facility available for kind of deposits.
- There can be only one Nominee for a deposit account whether held singly or jointly.
- A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
- Applicants can make nomination by filling up the prescribed form
- The nomination details can be changed during the subsistence of the account relationship by filling up the Form prescribed
- For more details approach your branch.
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| Documentation Require for account opening |
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| Identity proof : |
Address Proof : |
- Passport
- PAN card
- Voter ID card
- Driving licence
- Government ID card
- Photo ration card
- Senior citizen ID card
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- Passport
- Telephone bill
- Electricity bill
- Bank Statement with Cheque
- Certificate/ ID card issued by Post office
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| * Any other Identity proof or Address proof document can be submitted, subject to the credit society satisfaction. |
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| Duration Period 3 Years Maturity at the age of 18 years. |
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| Monthly Deposit Amount |
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| Sr. No. |
Monthly Amount |
3 Years Interest |
| 1 |
Rs. 1000/- |
42,810/- |
| 2 |
Rs. 2000/- |
85,620/- |
| 3 |
Rs. 3000/- |
1,28,430/- |
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| Age Year |
Period |
Matured Amount Invested (@11%) |
| (1,000) |
(2,000) |
(3,000) |
| 42,810/- |
85,620/- |
1,28,430/- |
| 00 - 03 |
15 |
2,04,828 |
4,09,657 |
6,14,485 |
| 01 - 04 |
14 |
1,84,530 |
3,69,060 |
5,53,590 |
| 02 - 05 |
13 |
1,66,243 |
3,32,486 |
4,98,730 |
| 03 - 06 |
12 |
1,49,769 |
2,99,538 |
4,49,306 |
| 04 - 07 |
11 |
1,34,927 |
2,69,853 |
4,04,780 |
| 05 - 08 |
10 |
1,21,556 |
2,43,111 |
3,64,667 |
| 06 - 09 |
09 |
1,09,510 |
2,19,019 |
3,28,529 |
| 07 - 10 |
08 |
98,657 |
1,97,315 |
2,95,972 |
| 08 - 11 |
07 |
88,880 |
1,77,761 |
2,66,641 |
| 09 - 12 |
06 |
80,072 |
1,60,145 |
2,40,217 |
| 10 - 13 |
05 |
72,137 |
1,44,275 |
2,16,413 |
| 11 - 14 |
04 |
64,989 |
1,29,977 |
1,94,966 |
| 12 - 15 |
03 |
58,548 |
1,17,097 |
1,75,645 |
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| Note : |
- Please produce the original document(s) for verification & a photocopy of each document.
- Please fill the form in CAPITAL LETTERS using Black ink.
- Please countersign in case of any overwriting.
- Please avail of the nomination facility.
- * Mandatory to provide Permanent address and telephone number.
- * Mandatory to complete the KYC Norms
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| * Conditions Apply |
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