Fixed Deposit (FD) is a financial instrument provided by AZ CASE INDIA NIDHI LIMITED to its members, which provides members a higher rate of interest than a regular savings account, until the given maturity date. For a fixed deposit is that the money cannot be withdrawn from the FD as compared to a recurring Deposit or a demand deposit before maturity. AZ CASE INDIA NIDHI LIMITED offer additional services to FD holders such as loans against FD certificates at competitive interest rates.
FD 12 MONTH 10%
MIN AMOUNT
MATURITY
5000
5519.6
10000
11038.13
20000
22076.26
50000
55190.64
100000
110381.29
200000
220762.58
500000
551906.44
1000000
1103812.89
FD 24 MONTH 11%
MIN AMOUNT
MATURITY
5000
6211.92
10000
12423.80
20000
24847.60
50000
62119.02
100000
124238.05
200000
248476.11
500000
621190.27
1000000
1242380.55
FD 36 MONTH 11.5%
MIN AMOUNT
MATURITY
5000
7025.68
10000
14051.38
20000
28102.70
50000
70256.76
100000
140513.57
200000
281027.09
500000
702567.69
1000000
1405135.41
FD 48 MONTH 12%
MIN AMOUNT
MATURITY
5000
8023.56
10000
15738.32
20000
32094.12
50000
80235.31
100000
160470.64
200000
320941.26
500000
802353.22
1000000
1604706.44
FD 60 MONTH 12.5%
MIN AMOUNT
MATURITY
5000
9252.29
10000
18504.60
20000
37009.12
50000
92522.88
100000
185045.81
200000
370091.61
500000
925229.00
1000000
1850457.98
FD 12 MONTH TO 60 MONTH
MIN AMOUNT
1 YEAR 10 %
2 YEAR 11 %
3 YEAR 11.5 %
4 YEAR 12 %
5 YEAR 12.5 %
5000
5519.06
6211.92
7025.68
8023.56
9252.29
10000
11038.13
12423.80
14051.38
16047.06
18504.60
20000
22076.26
24847.60
28102.70
32094.12
37009.12
50000
55190.64
62119.02
70256.76
80235.31
92522.88
100000
110384.29
124238.05
140513.57
160470.64
185045.81
200000
220762.58
248476.11
281027.09
320941.26
370091.61
500000
551906.44
621190.27
702567.69
802353.22
925229.00
1000000
11038112.89
1243280.55
1405135.41
1604706.44
1850457.98
Terms & Conditions:
It is mandatory to be a member in the Company.
Company will issue shares worth Rs.100/- to FD account holder.
Minimum FD would be of Rs.5000.
Interest calculated quarterly compounded.
Applicable TDS to be deducted on Interest as per the provisions of Income Tax Act.
Loan available against deposit upto 75% of deposit amount after 1 from the date of deposit.
In case of death of a depositor, the Company will repay to nominee or beneficiary the principal & interest, at which it was accepted.
