Regd. with Ministry of Corporate Affairs, Govt. of India

Webmail

Daily Deposits

DAILY DEPOSIT SCHEME

A unique scheme wherein; the daily income earners can park their surplus funds.
This deposit scheme is suitable for the needs of one & all, viz. businessmen, professionals, wage earners, teachers, salaried personnel, traders, housewives, etc. Under this scheme, you can save money with us regularly as per your convenience. So come, invest your money in tiny portions and see your investment grow from small to big. Start small with Daily Deposits starting Rs. 10 and get assured high returns up to 9.50% with us.

Goal-Oriented Savings

Flexible Tenure

Higher Interest Rates

Loan Facility on Your Deposit

PLAN DDP-12M17 DDP-24M17
PERCENTAGE 9% 9.5%
S. No. Daily Plan Amt. Maturity Plan Amt. Maturity
1. 10 3600 3825 7200 8034
2. 20 7200 7650 14400 16068
3. 30 10800 11575 21600 24102
4. 40 14400 15300 28800 32136
5. 50 18000 19125 36000 40170
6. 60 21600 22950 43200 48204
7. 70 25200 26775 50400 56238
8. 80 28800 30600 57600 64272
9. 90 32400 34425 64800 72306
10. 100 36000 38250 72000 80340

Terms & Conditions:

  • It is mandatory to become a member in Kaushik Laxmi Nidhi Limited to open a D.D. Account.
  • It is Mandatory to complete the KYC Norms.
  • Open an account with your choice of period: 360 Days, 720 Days.
  • Interest amount is subject to TDS deductions as per existing income tax rules.
  • The Member Account Holder shall surrender the passbook and duly signed application to the company and the maturity shall be paid along with interest as per the above-mentioned Chart. No additional interest would be paid on the maturity amount, if taken after the scheduled period.
  • Facilities: Loan facility is available against deposits. Nomination facility is available for deposits.
  • Irregular deposits are not entitled loan facility against it.
  • On irregular deposits, if all irregular pending deposits are paid then such account will be treated as regular. However, if there is default in payment of even 1 installment, the said account will be treated as irregular.
  • At the time of maturity, 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 principle amount of such accounts.
  • Interest rates are subject to change at the sole discretion of the Kaushik Laxmi Nidhi Limited.
  • Kaushik Laxmi Nidhi Limited reserves the right to alter or add to these rules at any time without any notice.