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Swecha Scheme Empowering Financial Freedom
SRIKARA Swetcha Investment offers a secure and reliable investment option for parents looking to build a fund for their child's education. With escalating tuition costs and increasingly competitive academic environments, it is crucial for parents to start planning early in order to provide their children with the best possible educational opportunities. SRIKARA Swetcha Investment recognizes this need and provides a comprehensive investment strategy aimed at helping families achieve their long-term financial goals. By partnering with experienced financial advisors and utilizing proven investment strategies, parents can trust that their child's education fund will be well managed and grow steadily over time. With SRIKARA Swetcha Investment, parents can have peace of mind knowing that they have taken the necessary steps to secure a bright future for their children through quality education.
Swetcha Scheme
Achieve Your Financial
Goals With Srikara
Year of
2023 - 2024
%
Member Satisfaction Rate
Trusted by thousands for accessible and reliable financial services.
Eligibility to
check
To participate in the Swetcha Scheme program, applicants must meet the following criteria:
-
1
Member
Must be a member of Srikara Cooperative Society.
-
2
Age
Age 18 or above.
-
3
ID Proof
Have a valid government-issued ID.
-
4
Process
Demonstrate a willingness to participate in all workshops and one-on-one coaching sessions.
Documents Required
Ensure you have the following documents ready to participate in the program:
PAN Card
is Mandatory
Duly Filled
Application Form
For Resident
- A valid government-issued ID (Aadhaar, PAN, etc.).
- Proof of membership with Srikara Cooperative.
- Recent utility bill .
- Proof of age
- Proof of address
- Nominee Details
- KYC Compliance
- Bank Account Details
Bank statements or proof of income
Passport-sized photographs.
Account Maturity Amounts
For your Child future to be independent, plan a step ahead. Start investing today in Srikara Swecha
Maturity amount for Rs. 1,00,000 |
Tenure
|
Maturity
|
Who can join the Swecha program?
The program is open to all Srikara Cooperative Society members who meet the eligibility criteria.
Is the interest calculated on a compound or simple basis?
The growth mentioned (2x, 4x, 8x) indicates compounded growth. Specific interest rates and calculations can vary, so it’s best to confirm the details with our financial advisors.
Are there any penalties for early withdrawal?
Yes, early withdrawal may lead to a reduction in the maturity amount or penalties based on the terms of the investment. Please refer to the program guidelines for specific details.
Is the return guaranteed after the mentioned tenure?
Yes, the return of 2x, 4x, or 8x is guaranteed based on the selected tenure of 5, 10, or 15 years, respectively.
Is there any tax on the maturity amount?
Taxation on the maturity amount will depend on current government policies. It’s recommended to consult a tax advisor for up-to-date tax implications.
