A Fixed Deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.


On Deposit of Rs. 10,000/-

Sr. No. Period Rate of Interest Maturity Amount
1 12 Months 10.50% 11,050/-
2 24 Months 11.00% 12,321/-
3 36 Months 11.25% 13,768/-
4 48 Months 11.50% 15,044/-
5 60 Months 11.75% 17,427/-

Term & Conditions.

  • Minimum FD would be of Rs. 5,000 and further in multiple of Rs. 1,000.
  • Interest calculation annually compound.
  • No TDS Deducted on interest. Paid by RAMN NIDHI on Deposit.
  • Loan available against deposit up to 80% of deposited amount after three month from the date of deposit.

Pre Mature Closure Of Deposits- For closure of Deposits will not be permitted until completion of 3 months From the date of Deposits. Deposits foreclosed after 3 months but before 6 months from the date of Deposits no Interest will be paid. Deposits foreclosed after 6 months, interest at 2% shall be deducted from the normal rate of Simple Interest for the period of Deposit.


* Terms & condition apply and all deposit plan only for members/shareholders.