8%
6 months
8% a year
Deposit₹1,00,000
At maturity₹1,04,000
Interest at maturity
A member-owned Nidhi with one Savings Account per member, Fixed and Recurring Deposits at up to 14% a year, and money that moves only through your 16-digit account number.
Interest is credited into your Savings Account: every six months on the 2-year and 5-year Fixed Deposits, and at maturity on the rest.
Interest at maturity
Interest at maturity
Interest every 6 months into Savings
Interest every 6 months into Savings
Every rupee sits in a single Savings Account and every movement is written to the passbook.
One account per member with a 16-digit number. Add money by UPI or bank transfer and see every rupee in your passbook.
Seven fixed amounts from ₹10,000 to ₹10,00,000, tenures from 6 months to 5 years, up to 14% a year.
₹500 to ₹5,000 a month, collected automatically from your Savings Account on the due date.
Transfer to any member instantly with your transaction PIN. No bank details to type, ever.
Aadhaar and PAN are checked before the first rupee moves, and a nominee is named on every account.
A downloadable statement of every transaction, and a certificate for each deposit you hold.
Registration takes two minutes; verification happens once.
Your mobile number, email and a password. The member who invited you can be added, but it is optional.
Upload Aadhaar front and back and your PAN, and name a nominee. The branch approves, usually within a working day.
Add money to your Savings Account, open a Fixed or Recurring Deposit, and watch the interest arrive.
My RD is collected from my Savings Account every month without a reminder, and the passbook shows each instalment.
I opened a 2-year Fixed Deposit for my daughter's fees. The half-yearly interest lands in my account like clockwork.
Sending money to my brother is just his account number and my PIN. It is in his passbook before I put the phone down.
Any Indian resident aged 18 or above who completes verification becomes a member. Membership comes first, as with every Nidhi company; only members can deposit or borrow.
Transfer to the branch's UPI or bank account and enter the UTR in Add money. The branch confirms the transfer and your Savings Account is credited.
Fixed Deposits run to maturity. For a Recurring Deposit you cannot continue, write to the branch from the Help page and a settlement of what you have deposited is arranged.
You get a 7-day grace period with a reminder on your dashboard. After that a late charge applies to the missed month, so keep your Savings Account topped up before the due date.
Request a withdrawal from your Savings Account to your bank account or as cash at the branch. The amount is held immediately and paid once the branch processes it.
Registration takes two minutes. Verification happens once, and then every deposit is a tap away.