BOS Nidhi Fixed Deposit

An FD is a financial instrument that allows individuals to deposit a specific amount of money with a bank or financial institution for a predetermined period. During this period, the deposited amount earns a fixed rate of interest, which is typically higher than that of a regular savings account. Fixed deposits are considered to be a safe and secure investment option as they offer guaranteed returns and protection of the principal amount. They are popular among individuals who are looking for a low-risk investment with a fixed return over a fixed period.
If you’re interested in finding out just how much returns you’re likely to get from an FD over some time then you can use an online FD interest calculator.

Benefits

• Attractive and assured Return.
• Resident Individuals falling in the age group of 18 to < 50 years can avail FD investment facility.
• The Fixed deposit amount varies from a minimum of ₹2 lakh and a maximum of ₹10 lakh.
• FD has a flexible tenure of a minimum of 1 year and a maximum of 10 years.
• Flexible interest payment options where customers can opt for periodic interest payouts (monthly/quarterly) to help manage their expenses.
• You can maximise your income with compound interest on reinvestment deposits.

Terms & Conditions

• The request will not be processed, if
  • Your account is dormant/inactive
  • Your account has insufficient balance for opening of Fixed Deposit
  • You are a Senior Citizen and your Date of Birth is not updated for your account
• We are not responsible, and will also be not liable, for your claims, if the details provided by you are incorrect/incomplete.

Required Documents

• 2 Photographs (Passport size)
• Xerox copies of PAN card.
• Address Proof (Ration Card, Passport, Electricity Bill)
• Photo Identification Proof (Passport, Voter ID, Driving License)