Fixed deposits are safer and more secure form of investments than other conventional modes of investments available in the market.The fixed deposit account is an account in the suvhya nidhi limited where an investor deposits a fixed amount of money for a fixed tenure. This scheme is meant for investors who want to deposit a fixed amount , in order to get a lump sum after some years. The small monthly savings in the FIXED Deposit scheme enable the depositor to accumulate a handsome amount on maturity. Interest at term deposit rates is computable on quarterly compounded basis. The account can be opened by individuals.
Rs. 10000/-
| Time Period | Rate | Maturity |
|---|---|---|
| 6 months | 9.50% |
10475/- |
| 12 months | 10.00% | 11000/- |
| 24 months | 10.25% | 12155/- |
| 36 months | 10.50% | 13492/- |
| 48 months | 11.00% | 15181/- |
| 60 months | 11.26% | 17049/- |
Rs. 20000/-
| Time Period | Rate | Maturity |
|---|---|---|
| 6 months | 9.50% |
20950/- |
| 12 months | 10.00% | 22000/- |
| 24 months | 10.25% | 24310/- |
| 36 months | 10.50% | 26958/- |
| 48 months | 11.00% | 30362/- |
| 60 months | 11.26% | 34099/- |
Rs. 25000/-
| Time Period | Rate | Maturity |
|---|---|---|
| 6 months | 9.50% |
26188/- |
| 12 months | 10.00% | 27500/- |
| 24 months | 10.25% | 30388/- |
| 36 months | 10.50% | 33731/- |
| 48 months | 11.00% | 37952/- |
| 60 months | 11.26% | 42623/- |
Rs. 50000/-
| Time Period | Rate | Maturity |
|---|---|---|
| 6 months | 9.50% |
52375/- |
| 12 months | 10.00% | 55000/- |
| 24 months | 10.25% | 60775/- |
| 36 months | 10.50% | 67461/- |
| 48 months | 11.00% | 75904/- |
| 60 months | 11.26% | 85244/- |
Rs. 75000/-
| Time Period | Rate | Maturity |
|---|---|---|
| 6 months | 9.50% |
78563/- |
| 12 months | 10.00% | 82500/- |
| 24 months | 10.25% | 91164/- |
| 36 months | 10.50% | 101193/- |
| 48 months | 11.00% | 113856/- |
| 60 months | 11.26% | 127867/- |
Rs. 100000/-
| Time Period | Rate | Maturity |
|---|---|---|
| 6 months | 9.50% |
104750/- |
| 12 months | 10.00% | 110000/- |
| 24 months | 10.25% | 121550/- |
| 36 months | 10.50% | 134924/- |
| 48 months | 11.00% | 151807/- |
| 60 months | 11.26% | 170489/- |
Documentation Required For Account Opening
| Identity Proof | Address Proof |
|---|---|
| Passport , Aadhaar Card | Passport, Aadhaar Card |
| PAN Card | Telephone Bill |
| Voter ID Card | Electricity Bill |
| Driving License | Bank Statement with Cheque |
| Government ID Card | Certificate/ ID card issued by Post Office |
| Photo Ration Card | |
| Senior Citizen ID Card |
Terms & Conditions
- It is mandatory to be a member in the company.
- Company will issue 20 shares (10/- Rs each) for FD Plan.
- Minimum FD would be of Rs.10000 and further in multiple of Rs. 1000.
- Interest calculation yearly compound.
- TDS Deducted to be Deducted on interest. Paid by Vishav Janini Nidhi on Deposit as per provisions and Income tax Act.
- Loan available against deposits up to 70% of deposited amount after one month from the date of deposit.
- F.D. will not be premature within first 3 month.
- if F.D. is matured after 3 month but before 6 month no interest will be paid.
- if any person premature its F.D the the person will be paid 2%, less of maturity interest after 6 month to 60 months.
- in case of death of a depositor, the company will repay to nominee or beneficiary the principal & interest, at which it was accepted.