Recurring Deposit Scheme

Loan facility on Recurring Deposits :

  • On 24 month and 36 month deposit schemes, after 1 year (after receiving of 12 installments) loan up to 60% of deposited amount will be given.
  • On 48 month and 60 month deposit schemes, after 1.5 years (after receiving of 18 installments) loan up to 60% of deposited amount will be given

Pre Mature Closure Of Deposits:-

Fore closure of Deposits will not be permitted until completion of 3 months From the date of Deposits. Deposits foreclosed after 3 months but before 6 months from the date of Deposits no Interest will be paid. Deposits foreclosed after 6 months, interest at 3% shall be deducted from the normal rate of Simple Interest for the period of Deposit.

Recurring Deposit Scheme

Scheme Name Minimum Balance Period of Deposit Rate of Interest
Recurring Deposit 10000.00 13 To 24 Months 7.50
Recurring Deposit 500.00 1 To 12 Months 7.00
Recurring Deposit 500.00 13 To 24 Months 7.50
Recurring Deposit 1000.00 25 To 36 Months 8.00
Recurring Deposit 1000.00 37 To 48 Months 8.50
Recurring Deposit 1000.00 49 To 60 Months 9.00

RD DAILY Scheme

Scheme Name Minimum Balance Period of Deposit Rate of Interest
RD DAILY 50.00 0 To 547 Months 5.00
RD DAILY 50.00 13 To 24 Months 6.00
RD DAILY 100.00 25 To 36 Months 7.00
RD DAILY 100.00 37 To 48 Months 8.00
RD DAILY 100.00 49 To 60 Months 9.00
RD DAILY 50.00 1 To 12 Months 5.00

RD DAILY Scheme

Scheme Name Minimum Balance Period of Deposit Rate of Interest
RD DAILY 50.00 0 To 547 Months 5.00
RD DAILY 50.00 13 To 24 Months 6.00
RD DAILY 100.00 25 To 36 Months 7.00
RD DAILY 100.00 37 To 48 Months 8.00
RD DAILY 100.00 49 To 60 Months 9.00
RD DAILY 50.00 1 To 12 Months 5.00

RD DAILY Scheme

Scheme Name Minimum Balance Period of Deposit Rate of Interest
RD DAILY 50.00 0 To 547 Months 5.00
RD DAILY 50.00 13 To 24 Months 6.00
RD DAILY 100.00 25 To 36 Months 7.00
RD DAILY 100.00 37 To 48 Months 8.00
RD DAILY 100.00 49 To 60 Months 9.00
RD DAILY 50.00 1 To 12 Months 5.00

Choose your Recurring Deposit Scheme as per your requirements and avail the option of applying for savings account in our Nidhi Company in .

Apply Now!

RD Calculator