Daily Deposit Schemes

Daily Deposit Scheme is a monetary deposit scheme introduced to help daily wage earners, small traders, to inculcate saving habits and also as a way of funding their bigger capital requirements.
Daily Installment 12 Months Deposit 12 Months Maturity
(Interest @4%)
18 Months Deposit 18 Months Maturity
(Interest @5%)
100.00 36,500.00 37,280.00 54,700.00 57,750.00
50.00 18,250.00 18,640.00 27,350.00 28,870.00

Features of Safair Nidhi Recurring Deposit (monthly) Account

  • In Safair Nidhi minimum amount that can be deposited is minimum Rs. 50/- or in multiple of Rs 50/-
  • The period of deposit is minimum one 1 and maximum 1.5 year.
  • The rate of interest is 4.00% to 5.00% p.a

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