Tulasi Saving

About Fixed Deposit

The account which is opened for a particular fixed period (time) by depositing particular amount (money) is known as Fixed (Term) Deposit Account. The term fixed depositmeans that the deposit is fixed and is repayable only after a specific period is over.

Under fixed deposit account, money is deposited for a fixed period say six months, one year, five years or even ten years. The money deposited in this account cannot be withdrawn before the expiry of period.

The maturity value offered on fixed deposits is generally based on the date of maturity selected by the depositor. 

Tulasi Multipurpose Co-Operative Ltd. provides you various saving schemes for harvesting your way into a golden future.

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Savings is the portion of income not spent on current expenditures. Because a person does not know what will happen in the future, money should be saved to pay for unexpected events or emergencies. An individual’s car may breakdown, their dishwasher could begin to leak, or a medical emergency could occur. Without savings, unexpected events can become large financial burdens. Therefore, savings helps an individual or family become financially secure. 

Don’t just work hard, work smart too! Start your saving today and you can live a life you have always dreamed of.

Tulasi Saving Account Types
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