Target Group :
Salient Features :
A Registered public trust will be eligible for opening the account under this scheme.
Scheme Details :
- A Registered Public Trust will be eligible for benefits under the Scheme if a) It maintains a Term Deposit of Rs. 5 lakhs for minimum three years and/or Savings Deposits / Current Deposits of Rs. 50,000/- (average balance).
- Apart from regular interest payable on these deposits as per prevailing rates the Trust will be eligible for following additional benefits.
- There will be 50% concession in Collection Charges./li>
- There will be 25% concession in the Commission of DDs/MTs/Pos.
- Free acceptance of donations.