Depositors may Deposit in FD /CC/ RD and Renewal thereof should be made in the prescribed Application form (available in office and in website) duly completed in all respects and accompanied by cash/Cheque/Demand Draft/ NEFT or RTGS etc. in the name of “THE KILPAUK BENEFIT SASWATHA NIDHI LIMITED” from the available periods 06 to 24 months at competitive rates of interest to suit the investment needs of individual Members
RATE OF INTEREST ( From 01-06-2020) | |||
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FIXED DEPOSITS | 6 MONTHS | 12 MONTHS | 24 MONTHS |
GENERAL | 7% | 7.25% | 7.75% |
SENIOR CITIZENS (60 Years and Above PHYSICALLY CHALLENGED) | - | 7.75% | 8.25% |
CASH CERTIFICATES : (For Rs. 1000/- Deposited) | |||
Maturity Value - GENERAL | Rs. 1075 (7.254%) | Rs. 1167 (7.747%) | |
Maturity Value - GENERAL | Rs. 1080 (7.721%) | Rs. 1179 (8.262%) |
Recurring deposit may be opened by Members who want to save certain fixed amount regularly for a certain period and earn a higher interest rate.
RECURRING DEPOSITS ( Monthly Deposit of Rs.100/-) | Maturity Value - GENERAL | Rs. 1248 (7.2228%) | Rs. 2604 (7.7611%) |
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Savings Deposit Account can be opened on becoming Member of the Nidhi with a minimum of Rs.50/-
SAVINGS DESPOSITS | 5% |