Saving Account

Savings accounts are the most common and popular account services; you would have already worked upon. It is operated to encourage people to save their money and utilize it when required. The comfort that gets attached with the tag of savings proves to be the ultimate solution to rely upon at times of helplessness and need for a thick amount. It will improve your quality of life and would help you lead a comfortable and easy life ahead. The best reason to open up a savings account is the fact that it will keep you financially strong and ready for unexpected expenses as you will have some money aside to fulfill your requirements.

Brahmaani Nidhi Limited has introduced saving account plan in Jaipur to encourage the savings habit and enables the depositors to earn income by the interest rates. Brahmaani Nidhi Limited offers the highest saving account interest rate to its members. Below are the required details: Savings Account Schemes Brahmaani Nidhi Limited introduced the best saving account schemes in India to give the members maximum benefits out of their investment with us. Details are given below:

Offering the highest rate of interest at 6% p.a.
  • SMS facility is available for the members.
  • Nomination facility is available for the depositors.
  • a maximum amount of deposit should not exceed ₹1,00,000/-
  • Only one nominee is required for a deposit account.
  •  A person is legally empowered to operate a minor account and can file a nomination on behalf of the minor.
  • By filling up the prescribed form, applicants can make the nominations and can change the nomination details during the subsistence of the account.

What are the documents required to open an account?

Proof of Identity:Proof of Address (of Correspondence Address):
PassportCredit Card Statement (not more than 3 months old)
Voter ID CardIncome/ Wealth Tax Assessment Order
PAN CardTelephone Bill (not more than 3 months old)
Government/ Defence ID CardBank Account Statement
Driving LicenseRation Card
Pension Payment OrderVoter ID Card (only if it contains the current address)
Photo ID Card Issued by UniversityLease Deed/Sale Deed
Photo ID Card Issued by Public AuthorityProof of Residence Issued by University*
Aadhaar Letter / CardAddress Proof of Close Relatives
NREGA CardAddress Proof of Gazetted/ Senior PSU Officers
 Driving Licence
 Aadhaar Card
 Bank Passbook

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 minimum amount accepted for deposit is Rs. 10000/- with additional amount in multiples of 10000.
  • The deposits made in the name of a minor may be operated upon or withdrawn by the person making the deposit and representing the minor as his/her guardian. In case of demise of such guardian, any other person claiming as guardian shall not be entitled to operate upon or withdraw the deposit unless permitted by the Board of Directors, which shall be at their discretion. Money paid to such guardians shall afford a complete discharge to the Fund for payment of the deposit and shall not be questioned by minor or by any one on his/her behalf.
  • The fixed deposit schemes shall be accepted for a minimum period of 6 months and a maximum period of 60 months.
  • Payment mode will be either in cash or cheque (payment up to Rs. 20,000/- to be accepted in cash)
  • After the maturity date, payment on irregular accounts will be made after deducting the penalty amount; maximum to the limit of interest earned on such account. No deductions will be made on principle amount of such accounts.
  • Charge of Rs. 25 per 1000/- in case of default payment of installment.
  • TDS Deducted on interest as per provisions and Income Tax Act.
  • Best fixed deposit rates will be compounded on quarterly basis.
  • Irregular deposits are not entitled for pre-mature payment and loan facility against it.
  • At the time of maturity, the specimen signature of the member shall be tallied.
  • The company will repay the principal amount and interest to nominee, in case of death of depositor, at which it was accepted for the Fixed Deposit plan in Jaipur, India.