Build your savings Rupee by Rupee through regular monthly deposits.
Plan your goals and invest consistently to achieve them. Recurring Deposit (RD) is an investment tool which permits those with an ability to make regular deposits earn decent returns on their investment. Our members can choose a fixed monthly amount to save and earn higher returns on their investment. The interest rate will not fluctuate & you do not stand to lose any money.
Recurring Deposit
| Sr No. | Amount/Term | 1 Yr. --- | 2 Yr. --- | 3 Yr. @9.24% p.a. | 4 Yr. --- | 5 Yr. @10.70% p.a. |
|---|---|---|---|---|---|---|
| 1 | 500 | ---- | ----- | 21,037.00 | ----- | 39,906.00 |
| 2 | 1,000 | ---- | ----- | 42,074.00 | ----- | 79,813.00 |
| 3 | 2,500 | ---- | ----- | 1,05,186.00 | ----- | 1,99,533.00 |
| 4 | 5,000 | ---- | ----- | 2,10,372.00 | ----- | 3,99,067.00 |
| 5 | 10,000 | ---- | ----- | 4,20,745.00 | ----- | 7,98,135.00 |
Terms & Conditions:
- It is mandatory to become a member in JOYDHAWAN GRAMIN NIDHI LIMITED & Complete the KYC Norms.
- Nomination facility is available for Recurring & Daily Deposit Schemes.
- Minimum amount of deposit for opening a R.D. with JOYDHAWAN GRAMIN NIDHI LIMITED is Rs. 500 only.
- Minimum amount of deposit for opening a D.D. with JOYDHAWAN GRAMIN NIDHI LIMITED is Rs. 50 only.
- Interest amount subject to TDS as per provisions of Sec 194A of the Income Tax Act 1961.
- Rate of Interest for Senior Citizens /| Women | Ex-Servicemen shall be 0.50% higher than normal prevailing interest rate on Recurring & Daily Deposit Schemes.
- Interest rates are subject to change at the sole discretion of the JOYDHAWAN GRAMIN NIDHI LIMITED .
- Company reserves the right to alter or add to these rules at any time without any notice.
- Loan facility is available against Recurring & Daily Deposit upto 90% of standing amount.
- For more details approach your nearest JOYDHAWAN GRAMIN NIDHI LIMITED 's branch.
Higher Interest Rates
Safe Investment
Goal-Oriented Savings
Loan / Overdraft Facility