A fixed deposit is a financial instrument where a member gets assured ROI. It is an investment opportunity provided by LOK SANSTHA NIDHI LTD with the benefits of higher rate of interest than a Normal Saving Account.
Fixed Deposit Features & Benefits:-
- Attractive and assured Return.
- Impeccable services.
- A wide range of deposit products to choose.
Fixed Deposit Plan
Rs. As per investment of Rs.10,000/-
| Tenure |
RATE OF interest |
Maturity |
RATE OF interest senior citizen |
Maturity |
| 12 Months |
8.50% |
10850/- |
9% |
10900/- |
| 24 Months |
9% |
11881/- |
9.50% |
11990/- |
| 36 Months |
9.50% |
13129/- |
10% |
13310/- |
| 48 Months |
10.50% |
14909/- |
11% |
15181/- |
| 60 Months |
11% |
16851/- |
11.50.% |
17234/- |
Terms & Conditions :-
- It is mandatory to be a member in the company.
- Minimum FD would be of Rs.1000 and further in multiple of Rs. 1000.
- Interest calculation yearly compound.
- Loan available against deposits up to 70% of deposited amount.
- In case of death of a depositor, the company will repay to nominee or beneficiary the principal & interest, at which it was accepted.