Become future ready with Finecre India Nidhi Limited's Recurring Deposit scheme. It is just like your personal piggy bank, but the one that lets you avail competitive returns. Now invest your monthly surplus in our Recurring Deposit scheme and give your funds a steady growth. To help you get started, we accept investment amount as little as 100.
| TERMS | INTEREST |
|---|---|
| 24 Months | 6.25% |
| 36 Months | 6.50% |
| 60 Months | 7% |
| 84 Months | 7.75% |
A passbook will be issued to every Member Account Holder. The Member Account Holder shall get the passbook updated at regular intervals. If any discrepancy or difference in the amount is found between the entries made in the passbook and receipts duly countersigned by the authorized signatory of the branch office bearing seal. Payments shall be made on the basis of receipts only.
On 24 Months and 36 Months deposit schemes, after 1 Year(after receiving of 12 instalments) loan up to 60% of deposited amount will be given.
On 48 Month and 60 Month deposit schemes, after 1.5 years (after receiving of 18 instalments) loan up to 60% of deposited amount will be given
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, inters tar 2% shall be deducted from the normal rate of simple interest for the period of deposit.
