100% Riba-free — Shariah-compliant cooperative finance since 2020
Doorstep collection for Daily Deposit Account members
Registered under the Gujarat Co-operative Societies Act, 1961 · REG/AHD/(C)/SE(SH)45954/2020
4,600+ members trust Al Barkah across Ahmedabad

Growth Fund Account Introduction

Al Barkah Credit & Consumer Co-operative Society · Interest-free, Shariah-compliant finance

Growth Fund Account Introduction

Growth Fund Account – Monthly Deposit

  • This is an investment account for members who want returns on their savings and are willing to keep money for the long term.
  • Minimum 10 shares required to open this account.
  • Minimum monthly deposit ₹1,000/- and maximum ₹500,000/-.
  • Amounts deposited are locked for one year — i.e., any amount deposited in a given month can only be withdrawn after one year from that date.
  • Members may open an account under either of the two Growth Fund schemes (Monthly Deposit or Fixed Deposit).
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