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Child Prosperity Deposit Scheme

Invest in dreams

Child Development Savings Plan is an effective tool to provide financial security to children's future. In this plan, you can deposit funds for children's education and important future expenses. Attractive interest rates keep your investment safe.

This plan is ideal for financial protection of children. The Bal Samriddhi Deposit Scheme gives you the opportunity to secure the financial future of your children.

Child Prosperity Deposit Scheme

Monthly payment amount Duration Amount accumulated during the period Amount received after a period
600 5 Year 36,000 44,693
1,2000 5 Year 72,000 89,385
2,400 5 Year 1,44,000 1,78,770
3,600 5 Year 2,16,000 2,68,155
4,800 5 Year 2,88,000 3,57,540
6,000 5 Year 3,60,000 4,46,925

Terms and Conditions

  • Only members can open a child welfare deposit account.
  • To open an account, a minimum monthly installment of Rs. 600/- is required.
  • If the monthly installment is not paid regularly, a penalty of 1 paise per day will be levied on the deposit installment amount.
  • While withdrawing the term deposit, no interest will be paid for 0 to 6 months. For 7 to 11 months, interest will be paid at an annual rate of 5%, for 12 to 18 months, at an annual rate of 7%, and for 19 to 24 months, at an annual rate of 8%.
  • Irregular payments can cause a difference in interest rates.