Rate Of Interest



"SHREE NIDHI" FIXED DEPOSIT SCHEME
Revised Rate w. e. f. 01-10-2016
(Please confirm current effective rate of Fresh/Renewal Interest Applicable)
(Category :- Public/Employees/Companies/Charitable Trusts/Education Institution/Others)

 

SCHEME - A

NON - CUMULATIVE

SCHEME - B

CUMULATIVE FOR 2 YEARS INTEREST PER ANNUM

SCHEME - C

MONTHLY INCOME SCHEME

Period Rate of Interest Period Rate of Interest
1 Year 7.00 % 1 Year 6.75 %
2 Year 7.50 % 7.50 % 2 Year 7. 25 %
1. For Scheme-A & B minimum amount of deposit is Rs. 5000/- and in multiple of Rs. 1000/- thereafter and for Scheme-C minumum amount of deposit is Rs. 15000/- and in multiple of Rs. 5000/- thereafter.
2. Interest will be paid on 30th September & 31st March and on maturity in case Non-Cumulative deposits.
3. Interest will be compounded half yearly on 30th September & 31st March in case of Cumulative deposits.
Note: Celling of Minimum amount of deposit shall not be applicable in case of Schemes implemented by Government of Gujarat.
NARMADE SARVADE FIXED DEPOSIT SCHEME FOR NRI'S/NRG'S

MINIMUM AMOUNT Rs.

NON CUMULATIVE CUMULATIVE FOR 2 YEARS
Interest per Annum
1 Year 2 Year  
25000/- 3.00 % 4.00 % 4.00 %
1. Minimum amount Rs. 25000/- and in multiple of Rs. 5000/- thereafter.
2. Interest will be paid on 30th September & 31st March and on maturity in case Non-Cumulative deposits.
3. Interest will be compounded half yearly in case of Cumulative deposits.