Business Hours

Weekdays : 9.00 a.m. to 1.00 p.m. & 1.30 p.m. to 5.00 p.m.

Sunday : 9.00 a.m. to 1.00 p.m. only

Weekly Holiday : FRIDAY

Recurring Deposits

Recurring Deposits

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 may be made with Minimum amount of Rs.100 and in multiples thereof. Maximum will be as permissible by the Nidhi.
  • Interest calculated on cumulative basis.
  • Pre-closure allowed at any point of time after 3 months at the reduced rate of interest.
  • Subscription Amount should be paid before end of the month to avoid additional interest.

Rate of Interest on Recurring Deposits

RECURRING DEPOSITS ( Monthly Deposit of Rs.100/-)
Period 12 Months 24 Months
Maturity Value - GENERAL Rs. 1245 (6.78%) Rs. 2590 (7.25%)