RECURRING DEPOSITS

Recurring Deposit

A small investment every month can get you one step closer to your dreams.

Key Features

  • Fixed/Variable monthly deposit options in multiple of INR 100
  • Interest Rate:

Fixed:

9%(1‐2 years), 9.25%(2‐5 years) for regular members and 9.25%,9.5% for senior citizens

Flexi:

8.75%(1‐2 years), 9%(2‐5 years) for regular members and 9%,9.25% for senior citizens

  • Tenure: 12-60 Months
  • Loan facility up to 90% of deposit amount; Interest charged will be 2% above deposit rate
  • No charges will be levied for non-operation/ activation of in- operative/ dormant a/c’s

FRONTINE NIDHI LTD

(Approved by Government of India)

                           RECURRING DEPOSIT MATURITY CHART
No of Months Instalment

Amount(Rs)

Total DepositAmt Interest

Rate(Rs.)

Interest

Amount (Rs)

Maturity

Value(Rs)

  Scheme A
12 1000 12000 10.00% 665 12,665
24 1000 24000 10.50% 2,784 26,784
36 1000 36000 10.50% 6,408 42,408
48 1000 48000 11.00% 12,376 60,376
60 1000 60000 11.00%    
  Scheme B
12 5000 60000 10.00% 3,323 63,323
24 5000 120000 10.50% 13,920 133,920
36 5000 180000 10.50% 32,038 212,038
48 5000 240000 11.00% 61,878 301,878
60 5000 300000 11.00% 100,144 400,144
  Scheme C
12 10000 120000 10.00% 6,646 126,646
24 10000 240000 10.50% 27,840 267,840
36 10000 360000 10.50% 64,076 424,076
48 10000 480000 11.00% 123,757 603,757
60 10000 600000 11.00% 200,287 800,287
This is an invitation a Member of Frontine Nidhi Ltd and enjoys the following benefits.
For making Fixed Deposits & Recurring Deposits, please give cheques or NACH Request/online account transfers, Cash Deposits will not be accepted. Monthly Interest & Maturity amount also will be paid by NEFT/RTGS/IMPS only.  Issued dt 01.10.2019