भारत सरकार द्वारा मान्यता प्राप्त
Maa Rewa Nidhi Limited

Fixed Deposits

Fixed Deposit Scheme

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.

    Terms & Conditions:-

  • Minimum FD would be of Rs. 1,000 and further in multiple of Rs. 1,000.
  • Interest calculation Quarterly compound.
  • Loan available against deposit up to 70% of deposited amount after one month from the date of deposit.
  • Rate of Interest on loan against FD would be 6% higher than applicable rate of interest to your deposit.

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 2% shall be deducted from the normal rate of Simple Interest for the period of Deposit.

(On Deposit of Rs.10000/-)

Period Rate of Interest Maturity Amount
12 Months 11.00% 11100/-
24 Months 11.50% 12300/-
36 Months 11.75% 13520/-
48 Months 11.75% 14700/-
60 Months 12.00% 17800/-