The Primary objective of our institution is to cultivate the habit of savings among our members. Our first and foremost aim is to satisfy our members and create mutuality among them. The Jayant India Nidhi Limited is fully financial services company. We accept deposits from our shareholders within the stipulated norms issued by the Ministry of Corporate Affairs and Reserve Bank of India (RBI).
Nomination facility is available for deposits. There can be only one Nominee for a deposit account whether held singly or jointly. Applicants can make a nomination by filling up the prescribed form. The nomination details can be changed during the subsistence of the account relationship by filling up the prescribed form
Interest Rates On Domestics Deposits
|SR.NO.||Period||Interest Rates Fixed Deposits ( % P.A)||Interest Rate F.D ( % P.A) For Senior Citizens|
|1||6 Months > 12 Months||7||7.5|
|2||12 Months > 24 Months||8.75||9.25|
|3||24 Months> 36 Months||9.25||9.75|
|4||36 Months > 48 Months||10||10.75|
|5||48 Months > 60 Months||10.25||10.75|
Minimum amount for the fixed deposit would be Rs.5000-/ and
Maximum in multiple of Rs. 1000/-
Different features to suit the investment needs of individual Member
- Attractive & Assured Returns
- Impeccable services
- A wide range of deposits products to choose from.
- Prompt Doorstep Assistance through our well-experienced staff
- Quick Loan against Deposit receipt.
Features and Benefits
Enjoy attractive interest rates
For details on interest rates for fastened deposits starting from seven days to ten years,
Start a fixed deposit with minimum investment
1. Rs. 5,000 if booked via Internet Banking or Mobile App
2. Rs. 10,000 if booked via Branch
Avoid premature encashment penalties
For Rupee Term Deposits of a contractile quantity but Rs. five large integer opened / revived on or once May Day, 2014 (including Flexi Deposits), rate are going to be 1 Chronicles below the cardboard rate .
How to Apply for Fixed Deposit
Open FD Account
Grow Your Money
Get the Maturity
The gap of a set Deposit with Jayant India is restricted to sure people and entities. The documents can dissent for people and kind of entity reckoning on the eligibility for a similar.
Below are the individuals and entities eligible for a Regular Fixed Deposit:
2. Hindu Undivided Families
3. Sole Proprietorship Firms
4. Partnership Firms
5. Limited Companies
6. Trust Accounts
How to Apply
Apply for a continual Deposit online through net banking, mobile banking or by merely visiting your nearest Jayant India branch wherever our representatives will guide you thru the method. Here ar the five straightforward steps through that you’ll apply for Jayant India continual Deposit on-line through Jayant India net or Mobile Banking services.
You can book a continual Deposit through any of the below-mentioned channels:
Login to net Banking and choose the deposit possibility. To log in, click here.
Click on produce continual mounted Deposit
Fill within the needed account and political leader details
On confirmation, the chosen quantity are debited from your bank account and your mounted Deposit are created instantly. you’ll get an internet receipt of the continual mounted Deposit engaged instantly. the worth date for gap of the deposit and therefore the rate applicable are as per the date of request i.e. the day on that the bank account is debited.
Post creation, the continual mounted Deposit recommendation are armoured to your registered e-mail ID if you’re registered for Associate in Nursing e-statement and if not registered for e-statements, physical recommendation are sent to your communication address. you’ll be ready to additionally read the continual mounted Deposit recommendation in net Banking when one operating day of deposit booking.
Login in to Mobile Banking and choose the deposit possibility
Select Open FD
Fill within the needed account and political leader details
On confirmation, the chosen quantity is debited from your bank account and your mounted Deposit is created instantly. you’ll get an internet receipt of the continual mounted Deposit engaged instantly. the worth date for a gap of the deposit and therefore the rate applicable are as per the date of request i.e. the day on that the bank account is debited.
Post creation, the continually mounted Deposit recommendation is armored to your registered e-mail id if you’re registered for e-statement and if not registered for e-statements, Physical recommendation are sent to your communication address. you’ll be ready to additionally read the continually mounted Deposit recommendation in net Banking when one operating day of deposit booking.
Customer will visit their nearest Jayant India branch to open continual mounted Deposit.
Terms and Conditions
Jayant India Nidhi Limited offers various fixed deposit plans to our enrolled members. Below are some terms & conditions if you too want to be a part:The minimum amount accepted for deposit is Rs. 10000/- with an additional amount in multiples of 10000.The deposits made in the name of a minor may be operated upon or withdrawn by the person making the deposit and representing the minor as his/her guardian. In case of demise of such guardian, any other person claiming as guardian shall not be entitled to operate upon or withdraw the deposit unless permitted by the Board of Directors, which shall be at their discretion. Money paid to such guardians shall afford a complete discharge to the Fund for payment of the deposit and shall not be questioned by minor or by anyone on his/her behalf.
The fixed deposit schemes shall be accepted for a minimum period of 6 months and a maximum period of 60 months. Payment mode will be either in cash or cheque (payment up to Rs. 20,000/- to be accepted in cash) Withdrawal before Maturity The Company shall not return/pay back any deposit within a period of three months from the date of its acceptance. On pre-maturity request by the depositor, after three months of the deposit, the depositor shall not be entitled to any interest up to the period of six months from the date of deposit. The interest payable for the remaining period after six months shall be payable by the ordinarily agreed/applicable rate of interest (i.e. rate of interest payable; which the Company would have ordinarily paid, had the deposit been accepted for the period from which such deposit had run) reduced by two percent.In case of Pre-mature Payment of deposit, rupee value of the Gift, if any given to the depositor, shall be recovered along with interest@ 18 % Per annum (Monthly Compounded).
After the maturity date, 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 the principal amount of such accounts.Charge of Rs. 25 per 1000/- in case of default payment of installment.TDS Deducted on interest as per provisions and Income Tax Act. Interest will be compounded on a quarterly basis. Irregular deposits are not entitled to pre-mature payment and loan facility against it. At the time of maturity, the specimen signature of the member shall be tallied. The company will repay the principal amount and interest to a nominee, in case of death of the depositor, at which it was accepted for the Fixed Deposit plan in Gurugram, India.