BRABIM NIDHI LIMITED

Brabim Kisan Samridhi Yojna

Specification

Kisan Nidhi Bond is Term Deposit Product where in depositor gets Three Times of his/her deposit amount in a Specification time period.

Eligibility

  1. An Individual in his/her own name.
  2. Jointly by more than one Individuals.
  3. 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 multiple of INR 1,000/-

Duration

60 Months

Premature Payment

  1. Not Available up to 3 Years.
  2. Interest Rate Applicable on withdrawal after 1 years as per Nidhi Company Terms & Conditions.

Interest Rate

10.50 % per years .

Nomination Facility

Nomination Facility Available.

Loan Facility

  1. Not Available up to 1 Years.
  2. Maximum of 60% against deposit amount after 1 years.
  3. Interest rate shall be applicable as per Nidhi Company’s Terms & Conditions