Money can be deposited / withdraw into an account as per the wish of account holder. SB accounts are opened to encourage by Adepu Murali Nidhi Limited.
Members have to deposit a pre-determined amount on daily basis for a defined period and at the end of the period the amount deposited will be paid with interest.
In a Recurring Deposit scheme, the investor has to deposit a fixed sum every month which will build up a savings discipline.
The scheme envisages attracting deposits in small amounts from daily wage / income earners like professionals, small business people, Technicians, skilled labour, etc.
A recurring deposit might just be the right financial product if you are planning short-term situations that require financial assistance yearly
A Fixed Deposit offers guaranteed returns, if you choose an FD with a Re-Investment option, you will benefit from compound interest.
we are dedicated to building a new path in the financial services industry. Incorporated on August 2, 2023, our company is rooted in a vision of trust and transparency, and though we are young, our commitment to our customers is unwavering. We are a public company limited by shares, operating as a non-government entity, and we proudly uphold the highest standards of service and integrity