FIXED DEPOSIT SCHEME
FIXED DEPOSIT SCHEME
ADNL
Overview & Benefits
Attractive FD interest rates are offered based on the tenure of your Fixed Deposit. Have a look at the FD interest rates for different tenures.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.
Flexible in nature: Fixed deposits can be taken for a tenure of 1 year to 5 years based on your needs and for whatever amount that you can invest. 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.
Open an account with your choice of period from 1 year to 5 years.
| Amount / Term | 1 Yr. @9% | 2 Yr. @9.75% | 3 Yr. @10.5% | 4 Yr. @11.25% | 5 Yr. @12% |
|---|---|---|---|---|---|
| 10000 | 10931 | 12124 | 13647 | 15586 | 18062 |
| 25000 | 27327 | 30312 | 34117 | 38965 | 45154 |
| 50000 | 54654 | 60623 | 68235 | 77930 | 90304 |
| 100000 | 109308 | 121247 | 136470 | 155861 | 180612 |
| 250000 | 273271 | 303118 | 341175 | 389651 | 451527 |
| 500000 | 546542 | 606237 | 682352 | 779300 | 903055 |
| 1000000 | 1093083 | 1212472 | 1364702 | 1558600 | 1806112 |
| 2500000 | 2732708 | 3031181 | 3411757 | 3896499 | 4515278 |
| 5000000 | 5465417 | 6062361 | 6823513 | 7793001 | 9030556 |
Terms & Conditions:
• It is mandatory to become a member in Axxom development Nidhi Limited to open a F.D. Account.
• It is Mandatory to complete the KYC Norms.
• Open an account with your choice of period from 1 Year to 5 Years.
• Interest will be calculated on quarterly compound basis.
• Interest amount is subject to TDS deductions as per existing income tax rules.
• Rate of Interest for Senior Citizens, Women & Ex-servicemen shall be 0.50% higher than normal prevailing interest rate on Fixed Deposit.
• Facilities: Loan facility is available against deposits. Nomination facility is available for deposits.
• The Member Account Holder shall surrender the F.D. Receipt/Bond/Advice and duly signed application to the company and the maturity shall be paid along with interest as per the above-mentioned Chart. No additional interest would be paid on the maturity amount, if taken after the scheduled period.
• Interest rates are subject to change at the sole discretion of the Axxom development Nidhi Limited.
• Axxom development Nidhi Limited reserves the right to alter or add to these rules at any time without any notice.