Reccuring Deposit
A Reccuring deposit (RD) is a financial instrument provided by Indian banks which provides investors with a higher rate of interest.
Fixed Deposit
A fixed deposit (FD) is a financial instrument provided by Indian banks which provides investors with a higher rate of interest.
Daily Deposit
Daily Deposit Scheme is a monetary deposit scheme introduced to help daily wage earners, small traders, to inculcate saving habits.
Monthly Income
Monthly Income Plan is a traditional participating product, which provides deferred regular income to the customer for 15 years.
About US
A nidhi company, is one that belongs to the non-banking Indian finance sector and is recognized under section 406 of the Companies Act, 2013. Their core business is borrowing and lending money between their members.They are also known as Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. They are regulated by Ministry of Corporate Affairs. Reserve Bank of India is empowered to issue directions to them in matters relating to their deposit acceptance activities.
