Recurring Deposit2018-11-30T12:43:52+00:00

RECURRING DEPOSIT
Recurring Deposit is a special kind of Term Deposit offered by SAYA NIDHI LIMITED which help members with regular incomes to deposit a fixed amount in every month into their Recurring Deposit account and earn interest at the rate applicable.

Rules and Regulation
• RD minimum amount Rupees 50/-thereafter in multiples of Rupees100/-
• Interest will be calculated on quarterly basis.
• Irregular deposits are not entitled for pre-mature payment and loan facility against it.
• On irregular deposits if all irregular pending deposits are paid then such account will be treated as regular. Even if there is default in payment of instalment the said account will be treated as irregular.
• RD will not be premature within first 6 month.
• If there are three instalments or less than three. The deposit amount will not be received.
• If RD is matured after 6months but before 9 month no interest will be paid.
• If any person premature its RD then the person will be paid 2% less of maturity interest rate after 9 months.
• in case of death of a depositor, the company will repay to nominee or beneficiary the principal & interest, at which it was accepted.

FD-ON DEPOSIT 1000
MONTH  ROI  MATURITY
12 10% ₹ 12,665
18 10% ₹ 19,483
24 10% ₹ 26,645
30 10% ₹ 34,170
36 11% ₹ 42,746
42 11% ₹ 51,323
48 11% ₹ 60,379
54 11% ₹ 69,939
60 11% ₹ 80,033

 

FD-ON DEPOSIT 2000
MONTH  ROI  MATURITY
12 10% ₹ 25,330
18 10% ₹ 38,965
24 10% ₹ 53,290
30 10% ₹ 68,341
36 11% ₹ 85,492
42 11% ₹ 1,02,647
48 11% ₹ 1,20,758
54 11% ₹ 1,39,879
60 11% ₹ 1,60,066

 

FD-ON DEPOSIT 5000
MONTH  ROI  MATURITY
12 10% ₹ 63,326
18 10% ₹ 97,413
24 10% ₹ 1,33,226
30 10% ₹ 1,70,852
36 11% ₹ 2,13,730
42 11% ₹ 2,56,617
48 11% ₹ 3,01,895
54 11% ₹ 3,49,697
60 11% ₹ 4,00,165