- Any female of age group 15 years to 60 years can open Mahila Vikas Batchat Yojana accout.
- Every month on 5th any amount in multiple of Rs. 250/- can be Deposited by account holder. The account duration is for minimum 3 years and maximum 7 years.
- The balance to the Credit of Yojana account holder will earn interest at 9.50% per annum on a monthly rest basis.
- Yojana account holder can avail overdraft against their credit balance to the extent of 60% of credit balance at an interest rate of 13% per annum and overdraft can be repaid in 6-12 months easy monthly instalments.
Terms and conditions
- a) All above schemes are subject to rules and regulation of the Society.
- b) The schemes are also subject to detail terms and condition for each scheme as may be determined by the management of the society.
- c) Management may vary terms and conditions at their discretion and same will be communicated to respective scheme participants from time to time.
- d) Processing fee and Documentation charges will be separate as fixed by the society from time to time.
- e) Subject to Ahmedabad Jurisdiction only.
- *Contact us for the more details.