LUCC offers a golden opportunity for our registered member by offering a Zero Balance Savings Account.A savings account is a deposit account held at a bank or other financial institution that provides principal security and a modest interest rate. Depending on the specific type of savings account, the account holder may not be able to write checks from the account (without incurring extra fees or expenses) and the account is likely to have a limited number of free transfers/transactions. Savings account funds are considered one of the most liquid investments outside of demand accounts and cash. In contrast to savings accounts, checking accounts allow you to write checks and use electronic debit to access your funds inside the account. Savings accounts are generally for money that you don't intend to use for daily expenses. In LUCC, When a member will complete his/her registration, then he/she will get a zero balance non operative Savings Account. Every member will transact any kind of deposit or withdrawal through this savings account. Apart from RD,FD,MIS every registered member will get interest on deposited amount in Savings account.

Many financila institutions like Bank, NBFC, Cooperative Societies in India offer loan against fixed deposit accounts. This helps you fulfill your financial requirements by providing funds depending on the value of your fixed deposit. Loan against fixed deposit is granted as demand loans or overdraft against deposits. In Human, we offer up to 50% of total deposit in Loan against FD. It helps in liquidity management. Loan taken against your fixed deposit account can help you get short term money for any kind of financial requirements without breaking your FDs. It also saves you from selling your assets at discounted value to fulfill your monetary needs. The most important advantage of taking a loan against fixed deposit is that you can get a loan at comparative and lower rates of interest than other personal loans as they are unsecured loans. Loans against FDs are secured loans with the underlying deposit in your FD account. You can access the loan amount with cheque book through your savings account only. Loans are available to self and third party individuals including corporate organizations.