Specification
KDS KISHAN NIDHI bond is term deposit product where in depositor gets theree times of his/her anount 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.
Loan Facility
Not Available upto 1 Years.Maximum of 60% Loan against deposit amount after 1 Yeats.Interest rate shall be applicable as per Nidhi Company’s Terms & Conditions
| SNo. | Plan Type | Minimum Instalment | ROI(%) | Maturity Amount(Rs) |
|---|
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 Month (5 year 10 Months)
Premature Payment
Not Available up to 1 years.Interest Rate Applicable on withdeawal after 1 years as per Nidhi Company Terms & Conditions
Nomination Facility
Nomination Facility Available.