Utkarsh Jansamridhi Nidhi Limited
FIXED DEPOSIT SCHEME
It's time to give your money a chance to grow. Invest in Fixed Deposit.
The best investments are those that provide sufficient returns while ensuring safety. Our Fixed Deposit Scheme lets you invest your money with the certainty of a fixed interest rate and a choice of terms. Anyone looking for a low-risk investment with a predefined investment goal, our fixed rate deposit will guarantee a higher return on your money when compared to your traditional savings or transaction account.
| Tenure | Interest Rates p.a. (%) |
|---|---|
| 1 Year | 6% p.a. |
| 2 Years | 6.5% p.a. |
| 3 Years | 7.5% p.a. |
| 4 Years | 8.25% p.a. |
| 5 Years | 9% p.a. |
Terms & Conditions:
- It is mandatory to become a member in Utkarsh Jansamridhi Nidhi Limited to open a F.D. Account.
- It is Mandatory to complete the KYC Norms.
- Open an account with your choice of period from 1 Year to 5 Years.
- Interest will be calculated on quarterly compound basis.
- Interest amount is subject to TDS deductions as per existing income tax rules.
- Rate of Interest for Senior Citizens, Women & Ex-servicemen shall be 0.50% higher than normal prevailing interest rate on Fixed Deposit.
- Facilities: Loan facility is available against deposits. Nomination facility is available for deposits.
- The Member Account Holder shall surrender the F.D. Receipt/Bond/Advice and duly signed application to the company and the maturity shall be paid along with interest as per the above-mentioned Chart. No additional interest would be paid on the maturity amount, if taken after the scheduled period.
- Interest rates are subject to change at the sole discretion of the Utkarsh Jansamridhi Nidhi Limited.
- Utkarsh Jansamridhi Nidhi Limited reserves the right to alter or add to these rules at any time without any notice.