Fixed Deposit

Our Schemes

Interest Rate	Minimum Tenor	Maximum Tenor	Deposit Amount
5.65% to 6.75%	1 Year	5 year	Min Deposit of Rs. 10000

To open a F.D. Account It is mandatory to become a member first. Click Here to become member
You need to complete the KYC Norms.
Open an account with your choice of period from 1 Year to 5 Years.
Interest will be calculated on quarterly compound basis.
Interest amount subject to TDS as per provisions of Sec 194A of the Income Tax Act 1961.
Rate of Interest for Senior Citizens, Women & Ex-servicemen shall be 0.50% higher than normal prevailing interest rate on Fixed Deposit.
Facilities: Loan facility is available against deposits. Nomination facility is available for deposits.
The Member Account Holder shall surrender the F.D. Receipt/Bond/Advice 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.
Interest rates are subject to change at the sole discretion of the Mhalasai Urban Nidhi Limited.
Mhalasai Urban Nidhi Limited reserves the right to alter or add to these rules at any time without any notice.