| Year | Inst. Amt. | Total Amt. | Interest | Interest Amt. | Maturity Amt |
|---|---|---|---|---|---|
| 1 | 1000 | 12000 | 8.50% | 550 | 12550 |
| 2 | 1000 | 24000 | 9.00% | 2290 | 26290 |
| 3 | 1000 | 36000 | 9.50% | 5530 | 41530 |
| 4 | 1000 | 48000 | 10.00% | 10660 | 58660 |
| 5 | 1000 | 60000 | 10.50% | 18140 | 78140 |
Recurring Deposit Scheme
Recurring Deposit is a special kind of Term Deposit offered by BKAK NIDHI LIMITED. which help members with regular incomes to deposit a fixed amount in every month into their Recurring Deposit account and earn interest at the rate applicable.
TERM & CONDITIONS :
● Minimum Amount of Deposit :- Rs. 300/- and in multiple Rs. 100/-
● Minimum Period :- 1 years
● Maximum Period : – 5 years
● The most attractive rate of interest :- 10.5%
● Nomination Facility :- Available
● Loan Against Deposit :- Available