Bitiya rani yojna is Term Deposit Product wherein depositor gets 2 times of his/her deposit amount in a Speciation Time period.
• An Individual in his/her own name.
• Jointly by more than one Individuals.
• In the name of Trusts, Associations, Educational Institutions, Partnership Firms, Companies and any other
• Institutions, which are eligible to open a Term Deposit account, as per Nidhi Company Rules.
Minimum Deposit Amount: INR 5,000/- and further in multiples of INR 1,000/-
Maturity Value: On Due Date INR 5,000/- shall accumulate into INR 10,000/-
Duration: 5 Year (60 Months )
Premature Payment: Not Available up to 3 Years.
Interest Rate Applicable on withdrawal after 3 years as per Nidhi Company Terms & Conditions.
Nomination Facility: Nomination Facility Available.
Loan Facility: Not Available up to 1 Year.
Maximum of 70% against the deposit amount after 1 year.
The interest rate shall be applicable as per Nidhi Company’s Terms & Conditions.
