{"id":573,"date":"2022-04-21T08:01:59","date_gmt":"2022-04-21T08:01:59","guid":{"rendered":"http:\/\/aksmudra.com\/?page_id=573"},"modified":"2022-04-21T08:02:00","modified_gmt":"2022-04-21T08:02:00","slug":"fixed-deposit","status":"publish","type":"page","link":"https:\/\/aksmudra.com\/index.php\/fixed-deposit\/","title":{"rendered":"Fixed Deposit"},"content":{"rendered":"\n<p><strong>Fixed Deposit<\/strong>\u00a0(<strong>FD<\/strong>) is a financial instrument provided by Aksmudra Nidhi to its members, which provides members a higher rate of interest than a regular savings account, until the given maturity date. For a fixed deposit is that the money cannot be withdrawn from the FD as compared to a\u00a0 recurring Deposit or a demand deposit before maturity. Aksmudra Nidhi offer additional services to FD holders such as loans against FD certificates at competitive interest rates.<\/p>\n\n\n\n<h2>Popular Fixed Deposit Schemes<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Scheme Code<\/td><td>Tenure<\/td><td>Rate of Interest (%)<\/td><td>FD Amount<\/td><td>Maturity Amount<\/td><\/tr><tr><td>FD_12 Month<\/td><td>12 Months<\/td><td>8.2<\/td><td>100000<\/td><td>108456<\/td><\/tr><tr><td>FD_24 Month<\/td><td>24 Months<\/td><td>8.7<\/td><td>100000<\/td><td>118784<\/td><\/tr><tr><td>FD_36 Month<\/td><td>36 Months<\/td><td>9.7<\/td><td>100000<\/td><td>126973<\/td><\/tr><tr><td>FD_48 Month<\/td><td>48 Months<\/td><td>10.2<\/td><td>100000<\/td><td>149613<\/td><\/tr><tr><td>FD_60 Month<\/td><td>60 Months<\/td><td>12<\/td><td>100000<\/td><td>180611<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2>Terms &amp; Conditions:<\/h2>\n\n\n\n<ol><li>It is mandatory to be a member in the Company.<\/li><li>Company will issue shares worth Rs.100\/- to FD account holder.<\/li><li>Minimum FD would be of Rs.1000.<\/li><li>Interest calculated quarterly compounded.<\/li><li>Applicable TDS to be deducted on Interest as per the provisions of Income Tax Act.<\/li><li>Loan available against deposit upto 75% of deposit amount after 1 from the date of deposit.<\/li><li>In case of death of a depositor, the Company will repay to nominee or beneficiary the principal &amp; interest, at which it was accepted.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Fixed Deposit\u00a0(FD) is a financial instrument provided by Aksmudra Nidhi to its members, which provides members a higher rate of interest than a regular savings account, until the given maturity date. For a fixed deposit is that the money cannot be withdrawn from the FD as compared to a\u00a0 recurring Deposit or a demand deposit &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/aksmudra.com\/index.php\/fixed-deposit\/\"> <span class=\"screen-reader-text\">Fixed Deposit<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"_links":{"self":[{"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/pages\/573"}],"collection":[{"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/comments?post=573"}],"version-history":[{"count":1,"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/pages\/573\/revisions"}],"predecessor-version":[{"id":574,"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/pages\/573\/revisions\/574"}],"wp:attachment":[{"href":"https:\/\/aksmudra.com\/index.php\/wp-json\/wp\/v2\/media?parent=573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}