Financial freedom comes from making the right choices while investing.
This scheme features interest payable at the contracted rate every month, on the fixed deposit which is accepted for any period from 1 year to 5 years. Suitable for investors who want to earn a
regular fixed income with guaranteed returns at a certain rate of interest every month. If you're looking to get monthly income, you can choose the option to get payouts on a monthly basis.
Fixed Monthly Income
Flexible Tenure
Higher Returns
Loan Facility
Tenure
Interest Rate
MIP 1 Year
10.10% p.a.
MIP 2 Years
10.40% p.a.
MIP 3 Years
10.70% p.a.
MIP 4 Years
11.20% p.a.
MIP 5 Years
11.60% p.a.
Terms & Conditions:
It is mandatory to become a member in Lakshmikrupa Urban Nidhi Limited to open a M.I.P. Account.
It is Mandatory to complete the KYC Norms.
Open an account with your choice of period from 1 Year to 5 Years.
Interest is paid/credited to the Savings account of the member during the last week of every month.
Interest will be calculated on yearly compound basis.
Interest amount is subject to TDS deductions as per existing income tax rules.
Principal deposit will be given as Maturity Amount to member after minimum term 1 year & maximum term 5 years.
Facilities: Loan facility is available against deposits. Nomination facility is available for deposits.
Interest rates are subject to change at the sole discretion of the Lakshmikrupa Urban Nidhi Limited.
Lakshmikrupa Urban Nidhi Limited reserves the right to alter or add to these rules at any time without any notice.
