Special Savings Schemes
Purpose-built schemes — pension, festival, and goal-based savings.
Special Savings claims the savings habit into the moments that matter. Our pension plan tops up retirement income, festival schemes smooth seasonal spending, and goal schemes help you save towards a single meaningful target.
Every scheme carries a rate better than an ordinary account, because you are committing to a purpose and a term.
Interest rates
| Balance slab | Interest rate | Note |
|---|---|---|
| Pension Savings Scheme | Up to 9.00% p.a. | |
| Festival Savings Scheme | Up to 8.25% p.a. | |
| Goal-based — 12 month | 7.75% p.a. | |
| Goal-based — 24 month | 8.50% p.a. | |
| Senior citizens (all schemes) | 0.25% extra |
Minimum balance
- Minimum instalment
- Rs. 1,000
- Scheme tenures
- 6 to 36 months
- Interest type
- Compounded quarterly, paid at maturity
- Entry
- Automatic for members
Who can open this account
-
All members of the society
-
Members aged 55+
-
Joint applications
-
No minimum age for festival schemes