PORT CITY NIDHI LIMITED
FIXED DEPOSITS
A fixed deposit refers to an investment scheme that offers greater returns on the principal invested (lump sum amount) in comparison to the usual returns generated from a typical savings account. Unlike most of the other schemes that may be exposed to risks due to the investments in market-linked instruments, the fixed deposits are safe and lead to guaranteed returns. Though there is a lock-in period for the amount invested, the account holders can still withdraw it earlier after paying a small penalty. With limited risks and assured returns, this scheme is ideal for those who avoid taking risks with their investments.
PORT CITY NIDHI LIMITED
FIXED DEPOSITS SCHEMES
| KUBERA FIXED DEPOSITS | |
| Period (Days) | 1212 |
| Interest Rate | 10.20% |
| MONEY PLANT FIXED DEPOSITS | |
| Period (Days) | 850 |
| Interest Rate | 9.60% |
| PEARL FIXED DEPOSITS | |
| Period (Days) | 1010 |
| Interest Rate | 10.10% |
PORT CITY NIDHI LIMITED
INTEREST RATES
FIXED DEPOSIT
PORT CITY NIDHI LIMITED
BENEFITS
Assured Returns
Unlike most other investment schemes that run a substantial risk, FDs generate guaranteed returns on the deposited sum for the investors.
Flexibility On Tenure
The Fixed Deposit plans offer the convenience of investing with great flexibility in the tenure for the amount invest. The investors can opt for FD accounts or long-term FD accounts as per their specific needs and goals.
Provides an Additional Source of Income
As the investors can opt for the frequency of interest payout for non-cumulative fixed deposit plans, it serves as an added source of income for them.
PORT CITY NIDHI LIMITED
DESCRIPTION
INTRODUCTION
Port City Nidhi allows the members to open a fixed deposit account even if they don’t have a savings account at the branch. We offer the best interest rate in the market and our members have the flexibility of tenure, the facility of automatic renewal of the scheme, and even foreclosure. They can also take loans against this sum for up to 90 percent of the principal amount.
PORT CITY NIDHI LIMITED
DOCUMENTS
IDENTITY PROOF
Aadhaar Card
PAN card
ADDRESS PROOF
Passport
PAN card
Voter ID card
Driving Licence
OTHERS
Passport Size Photos - 3
Bank Passbook Copy
Mobile Number
Nominee Proof
PORT CITY NIDHI LIMITED
FREQUENTLY ASKED QUESTIONS
If the interest amount saved on your deposits exceeds Rs 5,000 per Financial year, TDS is deducted at 10% or
Form 15G and Form 15H are submitted to prevent from deducting TDS on the interest earned on a Deposit (FD/CD/RD) if the total interest income is not more than Rs.2, 00, 000.
The minimum deposit amount is 5000 rupees for FDs.
