Fix Deposit Plan

KALRATRI NIDHI

Fixed deposits are investment instruments offered by banks and non-banking financial companies, where you can deposit money for a higher rate of interest than savings accounts. You can deposit a lump sum of money in fixed deposits for a specific period, ranging from 7 days to 10 years.

Terms & Conditions:
  • It is mandatory to be a member in the company.
  • Interest calculation yearly compound.
  • Minimum FD would be of Rs.10000 and further in multiple of Rs. 1000..
  • TDS Deducted to be Deducted on interest. Paid by Believers 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..
  • Company will issue 10 shares (10/- Rs each) for FD Plan.

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