Fixed Deposits

Fixed deposits shall be accepted only from members of the company. A depositor can become a member by subscribing a minimum of ten shares at the prevailing rate to open a fixed deposit account. Fixed deposits are accepted for a minimum period of six months to a maximum period of sixty months. There will not be any pre closure charges on the fixed deposit.

A member can pledge the FD as collateral to another member’s loan.

All the applicable rules of Nidhi act will be applicable for the fixed deposits.

Mission

To be innovative in developing cutting- edge financial solutions to meet the expectations of our members thereby improving their income and socio-economic status. We do this by deploying state of the art technology, the most efficient staff and a complimentary range of financial products aimed at maximizing shareholder returns in a socially responsible manner.

Vision

To be a world class Financial Institution affording a comprehensive and ready access to high quality financial services and building long term partnerships with our stakeholders.