Mahila Nidhi Bond

Specification

Mahila Nidhi Bond is Term Deposit Product where in depositor gets Three Times of his/her deposit amount in a Specification time period.

Eligibility

An Individual in his/her own name.
Jointly by more than one Individuals.
In the name of Trusts, Associations, Educational Institutions, Partnership Firms, Companies and any other Institutions, which are eligible to open a term Deposit account, as per Nidhi Company Rules.

Minimum Deposit Amount

INR 5,000/- and further in multiple of INR 1,000/-

Maturity Value

On Due Date INR 5,000/- shall accumulate into INR 10,000/-

Duration

70 Months

Premature Payment

Not Available up to 3 Years.
Interest Rate Applicable on withdrawal after 1 years as per Nidhi Company Terms & Conditions

Premature Payment

Not Available up to 3 Years.
Interest Rate Applicable on withdrawal after 1 years as per Nidhi Company Terms & Conditions

Nomination Facility

Nomination Facility Available.

Loan Facility

Not Available upto 1 Years.
Maximum of 60% against deposit amount after 1 years.
Interest rate shall be applicable as per Nidhi Company’s Terms & Conditions