Vaibhav Nidhi India Limited introduced one of the finest monthly income plan in Jaipur with the coverage of good monthly income interest rates. Due to the stable income of the salaried people, this scheme would not be of much benefit to them. It is best suited for the retired, senior citizens and for people without any income source.
|Table of Interest Payment (on deposit of ₹ 10000/-)|
|Period||Rate of Interest||Monthly Income|
Vaibhav Nidhi India Limited has launched one of the best monthly income schemes in India which would be fruitful for a majority of working class or salaried people. These beneficial monthly income services in India are quite a few but despite being few in number, they serve the members with much more benefits than they can imagine. Before proceeding with this plan, follow the further details given below:
- Minimum MIS would be ₹10000/- and further in multiple of ₹ 10000/-
- The MIS shall be accepted for a minimum period of 6 months and a maximum period of 60 months.
- Withdrawal before Maturity:
- The Company shall not pay any deposit within a period of three months from the date of its acceptance;
- On pre-maturity request by the depositor, after three months of the deposit, the depositor shall not be entitled to any interest up to a period of six months from the date of deposit. The interest payable for the remaining period after six months shall be payable by the ordinarily agreed/applicable rate of interest (i.e. rate of interest payable which the Company would have ordinarily paid, had the deposit been accepted for the period from which such deposit had run) reduced by two percent.
- In case of Pre Mature Payment of deposit, rupee value of the Gift, if any given to the depositor, shall be recovered along with interest@ 18 % Per annum (Monthly Compounded).
- TDS deducted on interest as per provisions and Income Tax Act.
- Special monthly income schemes in Jaipur are applicable for senior citizens, pensioners and women.