Fixed Deposit Plan

Terms & Conditions:­

• It is mandatory to be a member in the company.
• Company will issue 10 shares (10/- Rs each) for FD Plan.
• Minimum FD would be of Rs.1000 and further in multiple of Rs. 100.
• Interest calculation yearly compound.
• TDS Deducted to be deducted on interest. Paid by Chachyot Nidhi Limited Ltd. on Deposit as per provisions and Income tax Act.
• Loan available against deposits up to 85% of deposited amount after one month from the date of deposit.
• F.D. will not be premature within first 12 month.
• if any person premature its F.D the person will be paid 3%, less of maturity interest after 12 month 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.