Fixed Deposit Plan

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.

Time Period Rate
12 months 7.25%
Time Period Rate
18 months 7.50%
Time Period Rate
30 months 8.00%
Time Period Rate
40 months 8.75%
Time Period Rate
48 months 9.25%
Time Period Rate
60 months 10.25%

Terms & Conditions:­

  • It is mandatory to be a member in the company.
  • Company will issue 10 shares (10/- Rs each) for FD Plan.
  • Minimum FD would be of Rs.10000 and further in multiple of Rs. 1000.
  • Interest calculation yearly compound.
  • TDS Deduction to be deducted on interest paid by SHREE MSBI NIDHI LIMITED Limited on Deposit as per provisions and Income Tax Act.
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