At present Deposits are mobilised under two different schemes.
» Period Interest Payment Scheme (PIPS)
Under PIPS, Interest is paid either
(a) monthly or (b) quarterly or (c) annually, and the minimum amount of deposit accepted is Rs.10,000/-.
» Money Multiplier Scheme (MMS)
Under MMS, the interest is compounded monthly at the appropriate rate of interest and paid on maturity together with the principal. The min.amount of deposit acceptable is Rs.10000.