Recurring Deposits
Recurring Deposits help members build savings gradually by investing a fixed amount every month. The Recurring Deposit scheme at Prime Indian Nidhi Ltd. is designed to help members build savings gradually through disciplined monthly investments. By contributing a fixed amount at regular intervals, members can create a strong financial foundation while earning attractive returns over a chosen tenure. This scheme is ideal for individuals looking to develop a consistent saving habit and achieve short- to medium-term financial goals in a secure and structured manner.
KEY FEATURES
- Low monthly investment
- Flexible tenure
- Encourages disciplined savings
- Ideal for Salaried individuals, Young professionals , First-time savers
FREQUENTLY ASKED QUESTIONS
Answers to Help You Decide Better
What happens if I miss a monthly instalment?
A small penalty may apply as per scheme rules.
Can I close the RD early?
Yes, premature closure is allowed subject to applicable conditions.
Is interest compounded?
Yes, interest is calculated as per the scheme structure.
Can joint accounts be opened?
Yes, subject to Nidhi rules and documentation.