RISHIBHUMI MUTUAL BENIFIT NIDHI MONTHLY INCOME PLAN
The Monthly Income Plan is tailored for those individuals who regularly need money to supplement their income i.e. each month. Interest earned on your deposit becomes another source of income.
Key Benefits
- This plan does not demand any extra formalities, as concerns overdrafts and withdrawals, hence enabling you to withdraw as much as 95% of the deposit amount.
- Provides you the comfort of liquidity along with a security of your money being in safe hands.
- Provision for nomination.
Terms & Conditions
- Deposit account can be opened with minimum amount of Rs. 1,000/- and subsequent deposits in multiples of Rs.100/-.
- Deposit Tenure:
- Minimum - 12 months.
- Maximum – 60 MONTHS
- Interest will be paid on monthly basis at discounted rate.
- On pre-matured withdrawal of your deposits, Pl contact company for more information.
- Interest payments are subject to TDS (Tax Deducted at Source).
- Documents required:
- Passport size photograph
- Proof of residence
- An Introduction as per NIDHI's norms