FINECRE INDIA NIDHI LIMITED offers MONTHLY INCOME SCHEMES to our enrolled members. Below are some terms & conditions if you too want to be a part: The minimum amount accepted for deposit is Rs. 5000/- with an additional amount in multiples of 1000/-.The deposits made in the name of a minor may be operated upon or withdrawn by the person making the deposit and representing the minor as his/her guardian. In case of demise of such guardian, any other person claiming as guardian shall not be entitled to operate upon or withdraw the deposit unless permitted by the Board of Directors, which shall be at their discretion. Money paid to such guardians shall afford a complete discharge to the Fund for payment of the deposit and shall not be questioned by minor or by anyone on his/her behalf.

The MONTHLY INCOME SCHEMES shall be accepted for a minimum period of 12 months and a maximum period of 60 months. Payment mode will be either in cash or cheque. Withdrawal before Maturity the Company shall not return/pay back any deposit within a period of three months from the date of its acceptance. On pre-maturity request by the depositor, after three months of the deposit, the depositor shall not be entitled to any interest up to the period of six months from the date of deposit. The interest payable for the remaining period after six months shall be payable by the ordinarily agreed/applicable rate of interest (i.e. rate of interest payable; which the Company would have ordinarily paid, had the deposit been accepted for the period from which such deposit had run) reduced by two percent. Irregular deposits are not entitled to pre-mature payment and loan facility against it. At the time of maturity, the specimen signature of the member shall be tallied. The company will repay the principal amount and interest to a nominee, in case of death of the depositor.