Brabim Recurring Deposit Scheme
Experience the power of compounding with recurring deposit scheme from Brabim Nidhi.
A Recurring Deposit offers a host of benefits to individuals, helping them save up for a rainy
day. Ease of use and flexibility have made it a popular savings tool, with banks, post offices
and Nidhi Company offering RDs. Which is best Recurring Deposit (RD) Schemes for 12 Months to
60 Months in Raigarh (Chhattisgarh).
Recurring Deposit (RD) Account, RD Calculator, Recurring Deposit Calculator, RD Interest Calculator
Recurring Deposit Scheme
R.D. For 1 Year (08.00%) |
S.No |
Deposit Amount |
Monthly Amount |
Quarterly |
Half Yearly |
Yearly |
Maturity Amount |
1 |
1200 |
100 |
300 |
600 |
1200 |
1245 |
2 |
3600 |
300 |
900 |
1800 |
3600 |
3735 |
3 |
7200 |
600 |
1800 |
3600 |
7200 |
7470 |
4 |
10800 |
900 |
2700 |
5400 |
10800 |
11205 |
5 |
14400 |
1200 |
3600 |
7200 |
14400 |
14940 |
6 |
18000 |
1500 |
4500 |
9000 |
18000 |
18675 |
R.D. For 2 Years (07.50%) |
S.No |
Deposit Amount |
Monthly Amount |
Quarterly |
Half Yearly |
Yearly |
Maturity Amount |
1 |
2400 |
100 |
300 |
600 |
1200 |
2590 |
2 |
7200 |
300 |
900 |
1800 |
3600 |
7770 |
3 |
14400 |
600 |
1800 |
3600 |
7200 |
15540 |
4 |
21600 |
900 |
2700 |
5400 |
10800 |
23310 |
5 |
28800 |
1200 |
3600 |
7200 |
14400 |
31080 |
6 |
36000 |
1500 |
4500 |
9000 |
18000 |
38851 |
R.D. For 3 Years (08.00%) |
S.No |
Deposit Amount |
Monthly Amount |
Quarterly |
Half Yearly |
Yearly |
Maturity Amount |
1 |
3600 |
100 |
300 |
600 |
1200 |
4063 |
2 |
10800 |
300 |
900 |
1800 |
3600 |
12188 |
3 |
21600 |
600 |
1800 |
3600 |
7200 |
24375 |
4 |
32400 |
900 |
2700 |
5400 |
10800 |
36563 |
5 |
43200 |
1200 |
3600 |
7200 |
14400 |
48750 |
6 |
54000 |
1500 |
4500 |
9000 |
18000 |
60938 |
R.D. For 4 Years (08.50%) |
S.No |
Deposit Amount |
Monthly Amount |
Quarterly |
Half Yearly |
Yearly |
Maturity Amount |
1 |
4800 |
100 |
300 |
600 |
1200 |
5695 |
2 |
14400 |
300 |
900 |
1800 |
3600 |
17085 |
3 |
28800 |
600 |
1800 |
3600 |
7200 |
34171 |
4 |
43200 |
900 |
2700 |
5400 |
10800 |
51256 |
5 |
57600 |
1200 |
3600 |
7200 |
14400 |
68341 |
6 |
72000 |
1500 |
4500 |
9000 |
18000 |
85426 |
R.D. For 5 Years (09.00%) |
S.No |
Deposit Amount |
Monthly Amount |
Quarterly |
Half Yearly |
Yearly |
Maturity Amount |
1 |
6000 |
100 |
300 |
600 |
1200 |
7527 |
2 |
18000 |
300 |
900 |
1800 |
3600 |
22581 |
3 |
36000 |
600 |
1800 |
3600 |
7200 |
45163 |
4 |
54000 |
900 |
2700 |
5400 |
10800 |
67744 |
5 |
72000 |
1200 |
3600 |
7200 |
14400 |
90326 |
6 |
90000 |
1500 |
4500 |
9000 |
18000 |
112907 |
Tenure of Payment
The tenure of the account is 12 months and above.
Mode of Payment
All payments to the company shall be made either in cash or by cheque/draft against the receipt
countersigned by its authorized signatory payments by any mode or media other than mentioned
above shall be at the member account holder's own risk. The cheque/draft shall be credited in
the name of member Account Holder subject to clearance by the bank. Out station cheques shall
not be accepted.
Issue of Passbook:
A passbook will be issued to every Member Account Holder. The Member Account Holder shall get
the pass book updated at regular intervals. If any discrepancy or difference in the amount is
found between the entries made in the passbook and receipts duly countersigned by the
authorized signatory of the branch office bearing seal. Payment shall be made on the basis
of receipts only.
Terms & Conditions:¬
- It is mandatory to be a member in the company.
- Company will issue ten shares (10/- Rs each) for RD Plan.
- Interest will be calculated on yearly basis.
- Recurring Deposit minimum amount Rs 100/-, thereafter in multiples of Rs 100/¬.
- Loan on deposits will be charged at 09.00 % yearly compound interest basis.
- 1 month after paying last installment or maturity amount due dates whichever is more will be applicable for payment of maturity amount.
- Irregular deposits are not entitled for pre mature payment and loan facility against it.
- On irregular deposits if all irregular pending deposits are paid then such account will be treated as regular. Even if there is default in payment of 1 installment, the said account will be treated as irregular.
- After maturity date, payment on irregular accounts will be made after deducting the penalty amount maximum to the limit of interest earned on such account. No deductions will be made on principle amount of such accounts.
- R.D. will not be premature within first 3 month.
- If R.D. is matured after 3 month but before 6 month no interest will be paid.
- After depositing the premium of 6 months, any type of interest will not be given.
- If any person premature its R.D then the person will be paid 2% , less of maturity interest after 6 months to 60 months.
- In case of death of a depositor, the company will repay to nominee or beneficiary the principal & interest, at which it was accepted.
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