PMCC FD 1 Year — Sanchay Fixed Plan @ 6%
Short-term safety with assured returns
PMCC FD 1 Year — Sanchay Fixed Plan is a fixed deposit product from Panchawati Multistate Co-operative Credit Society Ltd. (PMCC), designed for depositors who want short-term safety with an assured, fixed return. Unlike PMCC's recurring/daily savings plans, this is a one-time lump-sum deposit held for a 12-month tenure at a fixed 6% rate.
For example, a deposit of ₹1,00,000 matures to ₹1,06,000 after 12 months, a net benefit of ₹6,000. A larger deposit of ₹10,00,000 matures to ₹10,60,000, a net benefit of ₹60,000. As PMCC's own tagline for this plan puts it: short-term safety with assured returns.
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