Fixed Deposit account is opened by that individual who wants to save for certain period of time and can earn good rate of interest.”
In Fixed deposit a member can deposit of minimum of Rs 1000/- or in multiple of Rs 1000/- is accepted for a specified period ( two year to seven year ) and the total amount is repaid with interest at the end of the particular period.
UNIT PRICE | PERIOD | TOTAL DEPOSIT | ROI | MATURITY AMOUT |
5000 | 24 MONTHS | 5000 | 8.50% | 5916 |
5000 | 36 MONTHS | 5000 | 9.00% | 6530 |
5000 | 60 MONTHS | 5000 | 10.00% | 8193 |
5000 | 72 MONTHS | 5000 | 10.50% | 9312 |
5000 | 84 MONTHS | 5000 | 11.00% | 10687 |
Features of Nitya Nidhi Fixed Deposit Account
- In Nitya Nidhi minimum amount that can be Fixed deposited is Rs 1000/-.
- The period of deposit is minimum two year and maximum seven year.
- The rate of interest is 8.50% to 11.00% p.a
