Daily Deposit Scheme

Umavasudev Nidhi Limited

DAILY DEPOSIT

A unique scheme wherein; the daily income earners can park their surplus funds.
This deposit scheme is suitable for the needs of one & all, viz. businessmen, professionals, wage earners, teachers, salaried personnel, traders, housewives, etc. Under this scheme, you can save money with us regularly as per your convenience. So come, invest your money in tiny portions and see your investment grow from small to big. Start small with Daily Deposits starting ₹100 & get assured high returns.

Goal-Oriented Savings

Flexible Tenure

Higher Interest Rates

Overdraft Facility

Amount 6 Months

3.42%

 1 Year

6.85%

 3 Year

10.51%
AMT.
(Amount)		 DEPOSIT AMT. MATURITY AMT. DEPOSIT AMT. MATURITY AMT. DEPOSIT AMT. MATURITY AMT.
50 9000 9307.8 18250 19500 54750 60500
100 18000 18615.6 36500 39000 109500 121000
200 36000 37748.2 73000 78000 219000 242000
300 54000 55846.8 109500 117000 328500 363000
400 72000 74462.4 146000 156000 438000 484000
500 90000 93078 182500 195000 547500 605000
600 108000 111693.6 219000 234000 657000 726000
800 144000 148924.8 292000 212000 876000 968000
10000 180000 186156 365000 390000 1095000 121000

Terms & Conditions:

  • It is mandatory to become a member in Umavasudev Nidhi Limited to open a D.D. Account.
  • It is Mandatory to complete the KYC Norms.
  • Open an account with your choice of period: 360 Days, 540 Days, 720 Days.
  • Interest amount is subject to TDS deductions as per existing income tax rules.
  • Rate of Interest for Senior Citizens, Women & Ex-servicemen shall be 0.50% higher than normal prevailing interest rate on Daily Deposit.
  • The Member Account Holder shall surrender the passbook and duly signed application to the company and the maturity shall be paid along with interest as per the above-mentioned Chart. No additional interest would be paid on the maturity amount, if taken after the scheduled period.
  • Facilities: Loan facility is available against deposits. Nomination facility is available for deposits.
  • Irregular deposits are not entitled loan facility against it.
  • On irregular deposits, if all irregular pending deposits are paid then such account will be treated as regular. However, if there is default in payment of even 1 installment, the said account will be treated as irregular.
  • At the time of maturity, payment on irregular accounts will be made after deducting the penalty amount maximum to the limit of interest earned on such account. No deductions will be made on principle amount of such accounts.
  • Interest rates are subject to change at the sole discretion of the Umavasudev Nidhi Limited.
  • Umavasudev Nidhi Limited reserves the right to alter or add to these rules at any time without any notice.