Products Offered
  • Deposits
  • Special Scheme
  • Bonds
Fixed Deposit
Period 1 Year 2 Years 3 Years 4 Years 5 Years
General Interest Rate 8.50% 9.00% 9.50% 10.00% 10.50%
Maturity Amount 5425 5941 6565 7321 8237
Senior Citizen/Female/Pensioner Interest Rate 9.00% 9.50% 10.00% 10.50% 11.00%
Maturity Amount  5450 5995  6655 7455  8425
Existing Member/Employees as on 31/03/2019 Interest Rate 9.50% 10.00% 10.50% 11.00% 11.50%
Maturity Amount 5475 6050 6746 7590 8617
Minimum Deposit   Minimum deposit Rs 5000 and in multiple of Rs 1000
Loan Limit   Upto 70 % of Deposit Amount 
Instalment payment on loan   Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount. 

Note: The amount shown is Rs. 5000/- is on investment.
  1. Additional interest rate of 0.5% over the general rate of interest will be applicable for female members and senior citizens (50 years and above).
  2. Additional interest rate of 0.5% over the general interest rate for existing members and employees (before March 31, 2019).
  3. If a member fulfills both the above conditions, then he will get 1.00% additional interest rate over the normal rate of interest.
 Terms & Conditions: 
  1. Fixed Deposit of minimum amount Rs 5000/-,thereafter in multiples of Rs 1000/-
  2. Compound Interest will be calculated on yearly basis.
  3. Tax Deducted at source will not be applicable on interest given by Achievers Credit Co-operative Society Limited.
  4. Loan up to 70% will be given on Fixed Deposits.
  5. Loan on fixed deposits will be charged at 20% yearly, monthly compound interest basis.
  6. If a person defaults in paying any installments on loan , 2% interest will be charged as late fee on lapse amount with next due installment.
Recurring Deposit
Weekly Deposit Scheme 
Monthly Deposit Scheme
  Daily Deposit Scheme
 
One Year Daily Deposit Scheme (DDS)
1. This scheme is for 12 months.
2. The minimum deposit amount of Rs 20 and in multiple of Rs. 10
3. Daily trappings must be 30 days in a month.
4. 5 percent annual interest rate on deposits.
5. Borrow up to 60 percent of deposits, minimum 1000 / - Rs payable on the loan.
6. 18 percent annual interest on loans, monthly compound rate
7. Changes in the terms of the plan, renovation, addition and amend by the Achievers Credit Co-operative Society Ltd.
 
Two-year daily deposit scheme (DDS)
1. This scheme is for 24 months.
2. The minimum deposit amount of Rs 20 and in multiple of Rs. 10
3. Daily trappings must be 30 days in a month
4. 6.5 percent annual interest rate on deposits.
5. Borrow up to 60 percent of deposits, minimum Rs. 1000 / - payable on the loan.
6. 18 percent annual interest on loans, monthly compound rate.
7. Changes in the terms of the plan, renovation, addition and amend by the Achievers Credit Co-operative Society Ltd.
 
Time 1 Year 2 Years
Minimum Deposit The minimum deposit amount of Rs.20 and in multiple of Rs.10
Interest Rate 5.00% 6.50%
Maturity Amount for Rs.20/- Daily Deposit 7486 15593
Interest on Loan Loan on deposits will be charged at 18% monthly compound interest basis
Loan Facility on Deposits
Upto 60% of loan on deposits		 After 3 months After 6 months
Installment Payment on Loan Lapse on payment of installmentamouny will make the defaulter pay 2% with the next installment amount.
Note : In all daily deposit schemes, minimum 1000/- deposit is necessary for application of loan against deposits
 
  Weekly Deposit Scheme
Time 1 Year (12 Month ) 2 Year (24 Month ) 3 Year (36 Month )
 Minimum Deposit  Minimum deposit Rs 100 and in multiple of Rs 100
Interest Rate 5.50% 7.00% 7.50%
Maturity amount for Rs. 100 weekly deposit 5348 11170 17506
Interest on Loan Loan on deposits will be charged at 18% monthly compound interest basis.
Borrow up to 70 percent of deposits Facility not available. After 6 Month After 12 Month
 Loan Limit  Upto 70 % of Deposit Amount 
 Instalment payment on loan Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount. 
* Term & Condition Apply
 
  Monthly Deposit Scheme
 
Time 1 Year(12 Month) 2 Year(24 Month) 3 Year(36 Month) 4 Year(48 Month) 5 Year(60 Month) 6 Year(72 Month)
Minimum Deposit Minimum deposit Rs 100 and in multiple of Rs 100
Interest Rate 7.50% 8.50% 8.75% 9.00% 10.00% 11.00%
Maturity amount for Rs. 500 monthy deposit 6249 13123 20648 28976 39041 51136
Interest on Loan Loan on deposits will be charged at 18% monthly compound interest basis.
Borrow up to 70 percent of deposits Facility not available. After 12 Month After 18 Month After 24 Month After 30 Month After 36 Month
Loan Limit Upto 70 % of Deposit Amount 
Instalment payment on loan Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount.
 Terms & Conditions: 
  1. Interest will be calculated on yearly basis.
  2. Recurring Deposit minimum amount Rs 100/-,there after in multiples of Rs 100/-
  3. Loan on deposits will be charged at 18% monthly compound interest basis.
  4. 1 month after paying last instalment or maturity amount due date whichever is more will be applicable for payment of maturity amount.
  5. On irregular deposits if all irregular pending deposits are paid then such account will be treated as regular. Even if there is default in payment of 1 instalment, the said account will be treated as irregular.
  6. After maturity date, payment on irregular accounts will be made after deducting the penalty amount maximum to the limit of interest earned on such account. No deductions will be made on principle amount of such accounts.
  Loan facility on Recurring Deposits : 
  1. On 12 month deposit scheme, after 6 months (after receiving of 6 instalments) loan up to 70% of deposited amount will be given.
  2. On 24 month deposit scheme, after 12 months (after receiving of 12 instalments) loan up to 70% of deposited amount will be given.
  3. On 36 month deposit scheme, after 18 months (after receiving of 18 instalments) loan up to 70% of deposited amount will be given.
  4. On 48 month deposit scheme, after 24 months (after receiving of 24 instalments) loan up to 70% of deposited amount will be given.
  5. On 60 month deposit schemes, after 30 months (after receiving of 30 instalments) loan up to 70% of deposited amount will be given.
  6. On 72 month deposit schemes, after 36 months (after receiving of 36 instalments) loan up to 70% of deposited amount will be given(minimum Rs 700/-)
Saving Deposit
Saving money habit will improve the quality of life and will help you to feel better and to sleep better. One will be happier knowing he/she has some money aside for unexpected expenses and look forward to achieve some of their dreams. Achievers Credit Co-operative Society Limited has introduced uniquely designed “Saving Account” to inbuilt the habit of saving among people.
  Feature of Saving Account 
 
Main Features Saving Account
Minimum Deposit Rs 500 only 
Nomination Facility images/true_icn.jpg
Attractive Rate of Interest 7.5 %
SMS Facility images/true_icn.jpg
*To get interest in savings account, it is necessary to maintain a minimum amount of Rs 10000/- daily balance.
 Terms & Conditions: 

The member account holder can close his/her savings account for this he/she will have to submit a letter/application to the branch manager along with the original passbook with the reason for closing the account. After which the account will be closed by paying the outstanding amount in the account.
 
 
 Salient Features 
  1. Money Multiplier Facility - Allow us to take care of your idle money by moving it into high interest  deposit account earning.
  2. Customer Care - Our Customer Care is always available to answer any query or take your instructions.
  3. Standing Instructions - You can give us various types of standing instructions like transferring to deposit accounts at regular intervals.
  4. Nomination Facility - You may nominate a person as beneficiary to your account proceeds
  5. Liquidity - You may liquidate your account pre-matured by incurring nominal charges for pre-matured liquidation.
  6. Loan Facility – Avail loan on your deposit amount.
  Nomination 
  1. Nomination facility available for deposits.
  2. There can be only one Nominee for a deposit account whether held singly or jointly.
  3. A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
  4. Applicants can make nomination by filling up the prescribed form.
  5. The nomination details can be changed during the subsistence of the account relationship by filling up the Form prescribed
  6. For more details approach your branch.
  Documentation Require for account opening 
 
Identity Proof :   Address Proof : 
  1. Aadhaar Card
  2. Passport
  3. PAN card
  4. Voter ID card
  5. Driving licence
  6. Senior citizen ID card
  1. Aadhaar Card
  2. Passport
  3. Telephone bill
  4. Electricity bill
  5. Bank Statement with Cheque
  6. Certificate/ ID card issued by Post office
 
  Note -
  1. Please produce the original document(s) for verification & a photocopy of each document.
  2. Please fill the form in CAPITAL LETTERS using Black ink.
  3. Please countersign in case of any overwriting.
  4. Please avail of the nomination facility.
  5. Mandatory to provide Permanent address and telephone number.
  6. Mandatory to complete the KYC Norms
 
 Monthly Income Scheme (MIS)
 
Payment Table Deposit Amount Rs. 50000/-
 
Period   1-2 Years 3-4 Years 5-6 Years
Interest Rate General 9.50% 10.50% 11.50%
Senior Citizen/Female/Pensioner 10.00% 11.00% 12.00%
Existing Member/Employees as on 31/03/2019 10.50% 11.50% 12.50%
Senior Citizen/Female/Pensioner General 396 438 479
Senior Citizen/Female/Pensioner 417 458 500
Existing Member/Employees as on 31/03/2019 438 479 521
Minimum Deposit   Minimum deposit Rs 50000 and in multiple of Rs 10000
Loan Limit   Upto 70 % of Deposit Amount
Interest on Loan Loan on deposits will be charged at 18% monthly compound interest basis.
Instalment payment on loan   Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount.
  1. Additional interest rate of 0.5% over the general rate of interest will be applicable for female members and senior citizens (50 years and above).
  2. Additional interest rate of 0.5% over the general interest rate for existing members and employees (before March 31, 2019).
  3. If a member fulfills both the above conditions, then he will get 1.00% additional interest rate over the normal rate of interest.
 Terms & Conditions: 
  1. In MIS deposit of minimum amount Rs 50,000/-,thereafter in multiples of Rs 10,000/-
  2. Monthly as well as yearly basis Interest earning option.
  3. Tax Deducted at source will not be applicable under this scheme.
  4. Loan up to 70% will be given on deposits.
  5. Loan against MIS deposits will be charged at 20% yearly, monthly compound interest basis. .
  6. If a person defaults in paying any instalments on loan , 2% interest will be charged as late fee on lapse amount with next due instalment.
Achievers Silver Bond
Achievers Grah Laxmi Bond 
Achievers Kisan Bond, 
Achievers General Bond 
  Achievers Grah Laxmi Bond
It takes honour for Achievers Credit Co – operative credit Society Limited to introduce exclusively designed bond for Indian women. She is the backbone of every Indian family. Woman has always a habit to keep reserve some money for financial uncertainty. These types of savings help to the family to overcome the situation arisen due to financial crises. 

A mother is a First school for all the children thus woman plays a vital role to shape the next generation. To salute the spirit of Indian woman Achievers Credit Co – operative Society Limited has launched United Achievers Grah Laxmi Bond (Silver Bond), specially designed for woman to uplift their dignity and financial strength.
Get Double of your investment in 6 years 6 months
 Terms & Conditions: 
  1. Maturity duration is 6 years 6 months.
  2. At Maturity get 2 times of deposit amount.
  3. Minimum deposit amount of Rs 10000/-,thereafter in multiples of Rs 1000/-
  Loan Facility on deposit amount :
  1. Up to 3 year no loan facility available.
  2. After 3 year 70% can be availed on deposit amount
  3. Loan against deposits will be charged at 20% yearly, monthly yearly compound interest basis
  4. Instalment payment on loan Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount.
  Achievers Kisan Bond
India is a country of villages. According to census more than 70% population live in rural area. Indian Farmers contribute a giant role for the growth of GDP in Indian Economy. He plays a significant role in the overall socio-economic development of Country. They are essential for the nation’s advancement & growth. To salute their contribution, Achievers Credit Co-operative Society Limited has introduced Achievers Kisan Bond with the aim of providing financial services to the farmers for their empowerment and better life style.


Get Double of your investment in 7 years
 Terms & Conditions: 
  1. Maturity duration is 7 years.
  2. At Maturity get 2 times of deposit amount.
  3. Minimum deposit amount of Rs 25000/-,thereafter in multiples of Rs 1000/-
  Loan Facility on deposit amount :
  1. Up to 3 year no loan facility available.
  2. After 3 year 70% can be availed on deposit amount
  3. Loan against deposits will be charged at 20% yearly, monthly yearly compound interest basis
  4. Instalment payment on loan Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount.
 
  Achievers General Bond
Just in 7 years 6 months get 2 times on your investment.

Every human Being has a specific plan for his future, in longlife has many dreams.
Discipline, courage and good financial planning have played a very important element to in human life. Good discipline helps in realising financial plans and transforming seemingly impossible dreams of human beings into reality. For every common man, Achievers Credit Co- operative Society Limited offers Achievers General Bond.
Get Double of your investment in 7 years 6 months
 Terms & Conditions: 
  1. Maturity duration is 7 years 6 months.
  2. At Maturity get 2 times of deposit amount.
  3. Minimum deposit amount of Rs 25000/-,thereafter in multiples of Rs 1000/-
  Loan Facility on deposit amount :
  1. Up to 3 year no loan facility available.
  2. After 3 year 70% can be availed on deposit amount
  3. Loan against deposits will be charged at 20% yearly, monthly yearly compound interest basis
  4. Instalment payment on loan Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount.
 
Achievers Gold Bond
An investment opportunity for all (male, female, youth, senior citizens) who want to earn handsome amount (3 times) on their hard earned income in just 10 years 6 months. For the pressing expenses that are expected in near future, Achievers Gold Bond is the best option. This also works as an alternative for other investment options like banks .It can also be chosen as the supplement for the retirement income. If you are looking for extra income, wish that your money is safe, and do not want to take the market risks, Achievers Gold Bond are just what you want.
 
 
 Terms & Conditions: 
  1. Maturity duration is 10 years 6 months.
  2. At Maturity gets 3 times of deposit amount.
  3. Minimum deposit amount of Rs 25000/-,thereafter in multiples of Rs 1000/-
 Loan Facility on deposit amount:
  1. Up to 4 years no loan facility available.
  2. After 4 years 70% can be availed on deposit amount.
  3. Loan against deposits will be charged at 20% yearly, monthly compound interest basis.
  4. Instalment payment on loan Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount.
Achievers Diamond Bond
An investment opportunity for all (male, female, youth, senior citizens) who want to earn handsome amount (4 times) on their hard earned income in just 13 years 6 months. A safe investment option for a long period that attracts a large section of investors in India. Saving for retirement or a college education, for a future house, or to provide funds for the long-term care of your parents are all common goals of Achievers Diamond Bond. It is generally less risky investment than shares and/or property .You only need a small amount to get started. 
 
 
 Terms & Conditions: 
  1. Maturity duration is 13 years 6 months.
  2. At Maturity gets 4 times of deposit amount.
  3. Minimum deposit amount of Rs 25000/-, thereafter in multiples of Rs 1000/-
 Loan Facility on deposit amount:
  1. Up to 5 years no loan facility available.
  2. After 5 years 70% can be availed on deposit amount.
  3. Loan against deposits will be charged at 20% yearly, monthly compound interest basis.
  4. Instalment payment on loan Lapse on payment of instalment amount will make the defaulter pay 2% with next instalment amount.
  5. Before 3 years time no pre mature payment. After 3 years and before maturity date, amount will be paid on 7.5% interest (saving account interest rate) on yearly basis.
Achievers Platinum (Boys) Bond/Achievers Identity Bond (Girls)
  (Only for 0-10 years old children) 
   Get five/six times of your investment in 16 years  
Education in India is seen as one of the ways to upward social mobility. Good education is seen as a stepping stone to a high flying career. Even after more than 64 years after independence we are far away from the goal of universal literacy. But on a positive note, Indian professionals are considered among the best in the world are in great demand. This signifies the inherent strength of Indian education system. It is an immense pleasure for Achievers Credit Co-operative Society Limited to introduce a very inspiring and beneficial scheme called “Achievers Higher Education Bond” to fulfil the dream of every Parent as their wards can go for Higher Studies in his/her chosen field of subjects.  
Achievers Platinum Bond / Achievers Identity Bond is for higher education of children of age group between 0 – 10 years. Achievers Platinum Bond is for boys and Achievers Identity Bond is for girls.
 Terms & Conditions: 
  1. Maturity duration is 16 years.
  2. At Maturity get 5 times/6 times of deposit amount.
  3. Minimum deposit amount of Rs 25000/-,thereafter in multiples of Rs 1000/-
  4. Up to 6 years no loan facility available.
  5. After 6 Years 70% can be availed on deposit amount.
  6. Loan against deposits will be charged at 20% yearly, monthly compound interest basis.
 
 
   
Achievers Credit Co-operative Society