Recurring Deposit SchemeEasy Monthly Payments (Compounded Yearly)

SHUMANGALAM NIDHI LTD Offering Monthly R. D. Account to its members with following attractive features:

 ✓   Earn up to 9% p.a. from your Monthly R. D. Account with SHUMANGALAM NIDHI LTD.

 ✓   Minimum amount of deposit for opening a Recurring Deposit Account with SHUMANGALAM NIDHI LTD is Rs. 100 only.

 ✓   Nomination Facility available for Deposits.

 ✓   Monthly interest will be credited to depositor’s Bank account, if opted.

 ✓   Avail Quick Loan Against your Recurring Deposit Account (Up to 90% on standing amount.)

 ✓   To enable the depositor(s) to earn high rate of Interest below are the slabs for Interest Rates provided:

Open an account with your choice of period from 1 Year to 5 Years.
Amount/Term 1 Year @ 7% 2 Year @ 7.5% 3 Year @ 8% 4 Year @ 8.5% 5 Year @ 9%
100.00 1245.00 2590.00 4063.00 5695.00 7527.00
500.00 6225.00 12950.00 20313.00 28475.00 37636.0
1000.00 12450.00 25900.00 40625.00 56951.00 75271.00
2500.00 31126.00 64751.00 101563.00 142377.00 188179.00
5000.00 62251.00 129502.00 203125.00 284755.00 376357.00
10000.00 124503.00 259004.00 406251.00 569510.00 752715.00

Recurring Deposit SchemeEasy Weekly Payments (Compounded Monthly)

SHUMANGALAM NIDHI LTD Offering Weekly R. D. Account to its members with following attractive features:

 ✓   Earn up to 5.5% p.a. from your Weekly R. D. Account with SHUMANGALAM NIDHI LTD

 ✓   Minimum amount of deposit for opening a Weekly R. D. Account with SHUMANGALAM NIDHI LTD is Rs. 100 only.

 ✓   Nomination Facility available for Deposits.

 ✓   Monthly interest will be credited to depositor’s Bank account, if opted.

 ✓   Avail Quick Loan Against your Recurring Deposit Account (Up to 90% on standing amount.)

 ✓   To enable the depositor(s) to earn high rate of Interest below are the slabs for Interest Rates provided:

Open an account with your choice of period from 12 Months to 30 Months.
Amount/Term 1 Year @ 7% 2 Year @ 7.5% 3 Year @ 8% 4 Year @ 8.5% 5 Year @ 9%
100.00 1245.00 2590.00 4063.00 5695.00 7527.00
500.00 6225.00 12950.00 20313.00 28475.00 37636.00
1000.00 12450.00 25900.00 40625.00 56951.00 75271.00
2500.00 31126.00 64751.00 101563.00 142377.00 188179.00
5000.00 62251.00 129502.00 203125.00 284755.00 376357.00
10000.00 124503.00 259004.00 406251.00 569510.00 752715.00
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