Member Savings
Fixed Deposit
A fixed-tenure member deposit with returns calculated according to the applicable member circular.
The Fixed Deposit is available only to eligible, approved members of Anjani Nidhi. Current terms — including the applicable rate — are governed by the applicable member circular, effective from the date stated in that circular.
Key information
- Minimum amount
- ₹[VERIFY]
- Maximum amount
- As per company policy [VERIFY]
- Tenure
- [VERIFY: e.g. 6 to 60 months]
- Applicable rate
- [VERIFY]% p.a. (tenure-wise, per circular)
- Compounding
- [VERIFY: Compounding frequency]
- Payout
- At maturity or periodic, as per scheme [VERIFY]
- Effective from
- [VERIFY: Effective date]
- Eligibility
- Eligible members only
- Nomination
- Available
Who this product suits
- Members with a lump sum to set aside for a fixed period
- Members seeking a documented, fixed-tenure savings option
- Members planning for a known future requirement
Illustrative example
| Deposit | Tenure | Illustrative rate | Estimated maturity |
|---|---|---|---|
| ₹[VERIFY] | [VERIFY] months | [VERIFY]% | ₹[VERIFY] |
The illustration is indicative. Actual maturity depends on the applicable rate, deposit date, payment regularity, deductions and company terms.
Depositing and servicing
- Deposit accepted through approved payment modes at authorized branches [VERIFY: modes]
- Deposit receipt or certificate issued
- Maturity instructions (renewal or payout) accepted before maturity
- Nomination can be registered or updated using the prescribed form
Premature closure
- Premature closure permitted subject to the minimum lock-in period [VERIFY]
- Interest is recalculated at the applicable reduced rate [VERIFY]
- Penalty or adjustment, if any, as per the member circular [VERIFY]
- Required documents: deposit receipt, closure request form and identity proof
Loan against this deposit
- Eligible members may request a loan against the deposit as per policy
- Maximum percentage of deposit value: [VERIFY]%
- Applicable loan interest as per the current circular [VERIFY]
- A lien is marked on the deposit; any outstanding amount is adjusted at maturity
Documents required
- Membership proof
- PAN
- Approved identity proof
- Approved address proof
- Recent photograph
- Nomination details
- Product application form
Do not send full Aadhaar numbers, PAN copies or banking details through public website forms or email. KYC documents are collected only through authorized, secure channels at the branch or member portal.
Frequently asked questions
How is Fixed Deposit interest calculated?
Interest is calculated according to the method and rate specified in the applicable member circular for the selected tenure, effective from the stated date.
Can I take a loan against my Fixed Deposit?
Eligible members may apply for a loan against their deposit up to the percentage permitted by company policy, subject to approval. [VERIFY]