Aforementioned is a comfortable investment scheme where an authorized Nidhi representative receives the funds you wish to deposit, at your convenience.
This scheme encourages saving practices among children, housewives, professionals, salaried people, shopkeepers, small merchants, and businessmen.
Individuals can choose a deposit period of either 12 or 24 months, with a daily deposit, as low as Re.100/-.
Terms & Conditions
Brahmaani Nidhi Limited offers various fixed deposit plans to our enrolled members. Below are some terms & conditions if you too want to be a part:
The Company shall not return/pay back any deposit within a period of three months from the date of its acceptance.
On pre-maturity request by the depositor, after three months of the deposit, the depositor shall not be entitled to any interest up to the period of six months from the date of deposit. The interest payable for the remaining period after six months shall be payable by the ordinarily agreed/applicable rate of interest (i.e. rate of interest payable; which the Company would have ordinarily paid, had the deposit been accepted for the period from which such deposit had run) reduced by two percent.
In case of Pre-mature Payment of deposit, rupee value of the Gift, if any given to the depositor, shall be recovered along with interest@ 18 % Per annum (Monthly Compounded).