Interest rates on IAFSSD offered by AFGIS are governed by the decisions of the Board of Trustees from time to time. Wef 01 Oct 16 following rates are applicable :
Interest rates on IAFSSD offered by AFGIS are governed by the decisions of the Board of Trustees from time to time. Wef 01 Apr 17 following rates are applicable :
Non-Cumulative Scheme Of IAFSSD
: 7. 50% pa
Cumulative Scheme Of IAFSSD
: 7.75% pa
Interest earned on the FDRs pledged against outstanding HBL gets adjusted against EMI and balance, if any after such adjustment, will be remitted to the member directly every month. If the interest is not sufficient to adjust the EMI then the member will be required to pay the difference in amount through cheque / Demand Draft or through NEFT.
NEFT Details : Bank Branch Name of the Account/ Beneficiary Type of Account Account No RTGS Code
STATE BANK OF INDIA WAC, SUBROTO PARK, NEW DELHI - 110010 AIR FORCE GROUP INSURANCE SOCIETY CURRENT ACCOUNT 30043459007 SBIN0001535
Note : After executing the transfer you are required to intimate the same to AFGIS, quoting the UTR No. through FAX or Letter or e-mail.