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Urmodi Child Welfare Deposit Scheme

Secure the future

Urmodi Child Welfare Savings Plan is a reliable and secure option for planning the financial future of your children. In this plan, you can save funds for your children's education, marriage, and other important milestones. This plan provides you with a deposit facility with attractive interest rates, which will help your savings to grow and become safe.

This plan is suitable for a variety of needs, from minimum deposits to long-term deposits. Urmodi Bal Kalyan Dep Yojana promises financial stability and protection for your children's future, so you can rest easy.

Urmodi Child Welfare Deposit Scheme

One-time payment amount Duration 7 years
5,000 10,000
10,000 20,000
15,000 30,000
20,000 40,000
25,000 50,000
50,000 1,00,000

Terms and Conditions

  • Interest will be charged on the said deposit every six months. The said interest will be credited to the principal.
    This deposit scheme will be valid for a period of 84 months. Also, the amount cannot be withdrawn for 18 months.
  • In the Urmodi Child Welfare Deposit Scheme, interest will be charged at 0.5% more than the interest rate on the deposit, mortgage loan deposit to meet the educational fees, materials, and various other expenses of the child.
  • If the deposit amount is withdrawn after 18 months due to unforeseen circumstances, interest will be paid on the deposit at a rate of 2% less than the deposit interest rate.
  • Urmodi Credit Union reserves the right to amend the terms and conditions of the deposit scheme without any prior notice.