Senior Citizen

BRAHMAANI SENIOR CITIZEN RECURRING DEPOSIT SCHEMES A house is made a home with the presence of our elders. Looking at the current situation of the society, people are more inclined towards separating them in the later stages of life when they dont even have the back support of money. To cater this problem majorly for senior citizens, we, at Brahmaani Nidhi have introduced an exclusive plan called Brahmaani Senior Citizen Savings scheme which is a term deposit plan for senior citizens to cater all their needs in their golden sphere of life.

 
The scheme is divided into two sub categories:
  • Brahmaani Senior Citizen Recurring Deposit and Brahmaani Senior Citizen Fixed Deposit schemes so that even the grannies living up on the pensions can savour the use of the scheme; holding a big deposit as well as the small investments.
  • Get ₹65000 in 50 Months on deposit of ₹1000 per month.

Loan Procedure

Simple procedure

Fill the form and direct apply on phone

Submit Documents

Submit all loan relavant documents

Guarantors needed

Provide guarantors documents

PeriodRate of IntrestMaturity Amount
06 Months10.00%10,506/-
12 Months11.50%11,200/-
24 Months11.75%12,606/-
36 Months12.00%14,257/-
48 Months12.25%16,203/-
60 Months12.50%18,504/-
Get ₹65000 in 50 Months on deposit of ₹1000 per month.
PeriodRate of IntrestMaturity Amount
12 Months11.50%12,767/-
24 Months11.50%27,066/-
36 Months12.00%43,425/-
48 Months12.00%61,676/-
60 Months12.50%83,339/-

Minimum amount for Senior Citizen Recurring Deposit Scheme should be Rs./- 1000.

Terms & Conditions 

Eligibility

  • Deposits may be made by person(s)/ individual(s) with the age bracket of 55 and above.
  • A person with the above age bracket who has retired on superannuation or under VRS can also avail the scheme.

Premature Payments

On prematurity request by the depositor after three months of enrolling into the Senior Citizen Schemes in Jaipur, the depositor shall not be entitled to any interest up to a period of six months from the date of deposit. The interest payable for the remaining period after six months of Senior Citizen Plans in India, 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 Senior Citizen services had run) reduced by two percent (2%).