Fixed Deposit Scheme
A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.
| Tenure/Time |
Rate of
Interest |
Rate of Interest
for S. Citizen |
| 12 month |
9.50% |
9.75% |
| 24 month |
9.75% |
10.00% |
| 36 month |
9.75% |
10.00% |
| 60 month |
10.00% |
10.25% |
Terms & Conditions:-
- Minimum FD would be of Rs.1,000 and further in multiple of Rs.1,000
- Interest calculation yearly compound.
- No TDS Deducted on interest. Paid by MountSoft on Deposit.
- Loan available against deposit up to 70% of deposited amount after one month from the date of deposit.
- One time Membership fee is to be paid for lifetime as 100rs.
On Paying 100 Rs. You become Shareholder of Shree Greenies Mutual Benefits Nidhi Ltd. and now you will be issued shares as per the rate of shares currently running.