NIRMAL UJJWAL CREDIT CO-OPERATIVE SOCIETY LTD., NAGPUR (MULTI-STATE)

TM

Lakhpati Balak Scheme


Salient Features
  • (Child Millionaire Scheme)
  • 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
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.
Documentation Require for account opening

Identity Proof :

  • Passport
  • PAN card
  • Voter ID card
  • Driving licence
  • Government ID card
  • Photo ration card
  • Senior citizen ID card

Address Proof :

  • Passport
  • Telephone bill
  • Electricity bill
  • Bank Statement with Cheque
  • Certificate/ ID card issued by Post office
* Any other Identity proof or Address proof document can be submitted, subject to the credit society satisfaction.
Duration Period 3 Years Maturity at the age of 18 years.
Monthly Deposit Amount
Sr. No. Monthly Deposits 3 Year Interest
1 Rs. 1000/- 42,810/-
2 Rs. 2000/- 85,620/-
3 Rs. 3000/- 1,28,430/-
Matured Amount Invested (@11%)
Age Year Period (1,000)
42,810/-
(2,000)
85,620/-
(3,000)
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
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