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Recurring Deposit Schemes

Recurring Deposit account is opened by that individual who wants to save regularly for certain period of time and can earn good rate of interest.

In recurring deposit, a member can open an account with a minimum deposit of Rs 500/- or in multiples of Rs 500/-, which is accepted every month for a specified period (from one year to seven years). The total amount is repaid with interest at the end of the particular period.

UNIT PRICE PERIOD TOTAL DEPOSIT ROI MATURITY AMOUNT
500 12 MONTHS 6000 15.00% 6503
1000 24 MONTHS 24000 15.00% 28080 ​
2000 36 MONTHS 72000 15.00% 91086
3000 48 MONTHS 144000 15.00% 197328
4000 60 MONTHS 240000 15..00% 356882
5000 72 MONTHS 360000 18.00% 581910

Features of Pemee India Nidhi Limited Recurring Deposit Account

  • In Pemee India Nidhi Limited minimum amount that can be deposited is Rs 500/- at regular interval.
  • The period of deposit is minimum one year and maximum seven years.
  • The rate of interest is 18.00% P. A

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