MAHESH NIDHI offers a special recurring deposit scheme for girl child in order to protect their future needs.
This is a 7 year program in which payment period is of 5 years and after that 2 year only interest period.Member can withdraw their deposit if requested and shall get their applicable interest till date.
Under this scheme one has to pay a monthly amount for 60 months (Minimum being Rs.100/-). After 60 months matured amount (Deposit + 60 Months Interest) will be held as a fixed deposit by us for 24 months and interest will be higher than most financial institutions.
Sr.No. | Amount | 12 Month | BONUS | MATURITY WITH BONUS |
---|---|---|---|---|
1 | 1000 For 60 Months | 60000 | 12010 | 81000 |
2 | 2000 For 60 Months | 120000 | 24020 | 162000 |