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FREEDOM MUTUALLY AIDED CO-OPERATIVE CREDIT
SOCIETY LIMITED
FREEDOM MUTUALLY AIDED CO-OPERATIVE CREDIT
SOCIETY LIMITED
FREEDOM MUTUALLY AIDED 
The scheme envisages monthly assured income on a fixed sum deposited. If a member wants to get monthly income of Rs. 1,000/- and in multiples of Rs. 100/- thereon, the fixed amount that will have to be deposited will be arrived . The amount will be deposited for a fixed period and monthly pension is paid for the agreed period.
Minimum monthly pension : Rs.1,000/-
Minimum pension period : 2 Years
No pre-mature closure within one year
Premature closure after one year @ 2% penalty on applicable deposit rate for the period of retention.
No loan facility
Nomination facility available.
Monthly pension amount exceeding Rs. 20,000/- will not be paid in cash.
No TDS. PAN copy/Form 60/ Form 15 G/ Form 15 H will be obtained