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Bhagyalaxmi Silver Bond

1. Minimum Deposit would be of Rs.10,000 and further in multiple of Rs.1,000.
2. No TDS Deducted on Interest paid by BCCSL on deposits. .( In Future Change the Income Tax rules would be applicable.)
About Us
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Bhagyalaxmi Credit Co-Operative Society financial institution formed under the laws, which do banking business among its members. Co-operative Society is registered under the 2001 Act, regulated by the government with its registration 1831/T./2011, fully ahead to Government of Rajasthan.
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Any adult person in society, Hindu undivided family, company, partnership firm, trust, institution, etc. is a member of the Bhagyalaxmi credit Co-Operative Society Ltd., can invest in the deposit schemes.

Bhagyalaxmi Credit Co-Operative Society is run by the Board of Governors and the task of planning and policy formulation lies in the authority of the Board of Governors. Society and its various deposit schemes by the common man's endeavor for economic development.

The government has set up law for the Security of the deposit in Bhagyalaxmi Credit Co-Operative Society to which the cradle is legally necessary. Bhagyalaxmi Credit Co-Operative Society Ltd. is fully complied with capital adequacy norms set by the government. Society is fully comply by the Reserve Bank of India's KYC policies.

T.D.S. not cut on current earned interest , According to Present Income Tax Act. Premature payment on deposits and loans are available as per rules.