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07.09.2017
India is a Country of Agriculture.more than 70% population lives in villages. An Indian farmer
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07.09.2017
India is a Country of Agriculture.more than 70% population lives in villages. An Indian farmer
...read more

Fixed Deposit Plan

Plan-A [1-Year]

Sl. No. Deposit Amount Interest Maturity Amount ROI
1. 5000 525 5525 10.5%
2. 10000 1050 11050
3. 25000 2625 27625
4. 50000 5250 55250
5. 100000 10500 110500

Plan-B [2-Year]

Sl. No. Deposit Amount Interest Maturity Amount ROI
1. 50001160 6160 11%
2. 100002321 12321
3. 250005802 30802
4. 5000011605 61605
5. 10000023210 123210

Plan-C [3-Year]

Sl. No. Deposit Amount Interest Maturity Amount ROI
1. 50001931 6931 11.5%
2. 100003862 13862
3. 250009655 34655
4. 5000019310 69310
5. 10000038620 138620

Plan-C [5-Year]

Sl. No. Deposit Amount Interest Maturity Amount ROI
1. 5000 3812 8812 12%
2. 10000 7624 17624
3. 25000 19060 44060
4. 50000 38120 88120
5. 100000 76240 176240

Benefits of Fixed Deposits (FD)

A fixed deposit is a financial instrument where an investor gives a certain sum of money to a bank or a financial institution (company) and the entity pays interest for the duration of the deposit. The rate of interest paid varies depending on the amount and tenure. Investor’s, especially conservative investors, prefer to open fixed deposits as it is a safe investment option and it can be opened easily and quickly.

The reasons why fixed deposits are an ideal form of investment are as follows:

Guaranteed returns: Unlike investment in the stock market or commodity market, fixed deposits are not a risky investment as they do not depend on fluctuating market rates. Investors can rest assured that his investments are safe and he will be getting back a guaranteed amount at the end of the tenure.

Easily withdrawable: The amount that is invested in fixed deposit can be withdrawn at any time for a small penalty. The investor may have a financial emergency to meet financial needs during marriage, sickness or when his business is in loss. The penalty is less than that of selling stocks or real estate as the asset cannot be sold easily because of its high value and if you are in a distressed situation, you will sell it for a much lower rate. Whereas, fixed deposits can be withdrawn at any time and all you lose is a certain interest income.

Flexible in nature: Fixed deposits can be taken for a tenure of 1 month or 1 year or 10 years based on your needs and for whatever amount that you can invest. Fixed deposits can be invested for a tenure of your choice. If you have planned for a big event in 5 years, then you can have a fixed deposit kept for 5 years to meet your financial requirement in 5 years. You can have various fixed deposit accounts to save for different goals.


Terms & Conditions:­

  1. Minimum FD would be of Rs. 10000/- and further in multiple of Rs. 1000/-
  2. Interest calculation yearly compound.
  3. TDS Deducted as per provisions and income tax Act.
  4. Loan available against deposits up to 70% of deposited amount after one month from the date of deposit.
  5. F.D. will not be premature within first 3 month.
  6. If F.D. is matured after 3 month but before 6 month no interest will be paid.
  7. If any person premature its F.D the the person will be paid 3% less of maturity interest after 6 month to 60 months.
  8. In case of death of a depositor, the company will repay to nominee or beneficiary the principle & interest, at which it was accepted.