Savings Deposits
Relevant KYC Documents to be submitted.KYC Documents Comprise of Residential Proof with Photo ID/two photographs/Xerox Copies of PAN card duly self attested. In the case of SDs, interest shall be paid only upto the deposit value of Rs 100000/- (Rupees One Lakh Only) and beyond which Nidhi Companies are not allowed to pay interest.SD accounts are mentioned by the holders and could be operated through withdrawal slips only which shall be verified with relevant details available with the company.
A savings account is a place where you can store cash securely while you earn interest on your money. Unlike investment accounts, they are federally insured. Savings accounts are a safe place to store cash and can earn more than 6% interest. They can also help you save for longer-term needs
Maturity Range |
General ROI |
Senior Citizen ROI |
Per Annum |
6% |
6% |
Salient features of the scheme are:
- Zero Balance Facility / Free Passbook
- Nomination facility available.
- Interest is calculated on monthly basis and credited to accounts quarterly. For this purpose TBF Nidhi Ltd Ltd’s quarters are April to September, October to March. Interest is credited to the account.
- Maximum Rs.49, 000/- per day withdrawal allowed to A/c holder only at branches.
- No tax will be deducted for the interest on the deposit.(Kindly submit 15G & 15H Forms at our branch)
Terms & Conditions
- Rs.20/-- per duplicate Pass Book / Statement with latest balance only. Charges for previous entries (if required)
- A maximum balance on which the interest is given under the savings account cannot exceed Rs. 100,000/-
- 10 leaves will be Provide to our Customer and charges will be levied @ Rs. 5/- per leaf.
- Loan on Deposit Not Applicable.
- The rates of interest are as fixed by the TBF Nidhi Ltd from time to time.
- For More Details approach your TBF Nidhi Ltd
Application in the TBF Nidhi Ltd's prescribed form.
- Proof of Identity and address as per KYC Norms.(Copy of Family / Ration Card ,Voter Id , Driving Licence , Pan card , Gas Connection , )
- Photograph of Depositor/s (2 copies).
- Terms & Conditions apply and all deposit plan only for members / Share holders.
- Mandatory to complete the KYC forms
- Mandatory to provide Permanent address and telephone numbers
- Individuals, Joint accounts, Minor accounts, Illiterates, Pvt Ltd , Government Departments,, Non-Corporate bodies viz.
Other Facilities
- SMS Alert, Mobile Spot Collection, Safe Lockers, Pass book Cheque Collection etc.