Recurring Deposit
Small Monthly Savings. Steady Financial Growth.
Our Recurring Deposit – Monthly Investment Plan is designed to encourage disciplined and regular savings by allowing members to invest a fixed amount every month for a selected period.
With a simple and systematic approach, members can gradually build their savings without the need for a large one-time investment. At the end of the chosen tenure, the total monthly deposits along with the applicable interest are paid as the maturity amount.
Start Small. Save Regularly. Build Your Future.
Members can choose a monthly deposit amount based on their convenience and continue investing regularly throughout the selected tenure.
Fixed Monthly Investments are made regularly for certain period chosen and Interest is paid along with Total Monthly Deposit after a certain period
Minimum Monthly Deposit: ₹50/-
Maturity Benefits
The following maturity values are applicable for a monthly deposit of ₹100/-, based on the maturity schedule from 1st June 2023:
| Monthly Deposit | 12 Months | 24 Months | 36 Months |
|---|---|---|---|
| ₹100/- per month | ₹1,252/- | ₹2,613/- | ₹4,072/- |
Key Features
- Low Minimum Investment – Start with a monthly deposit of just ₹50/-.
- Regular Monthly Savings – Develop a consistent and disciplined savings habit.
- Flexible Tenure Options – Choose a savings period according to your financial goals.
- Interest-Bearing Deposit – Receive the applicable interest along with your accumulated monthly deposits at maturity.
- Simple & Convenient – A structured way to build savings through manageable monthly contributions.
A Simple Habit That Builds Over Time
Recurring Deposit is an effective way to turn regular monthly savings into a meaningful maturity amount. By contributing a fixed amount every month, members can gradually build a financial reserve while earning applicable interest over the selected tenure. Save Monthly. Grow Steadily. Plan Confidently.
BUILD A STRONGER FINANCIAL FUTURE TOGETHER
Your Savings. Your Financial Goals. Our Commitment.
With a legacy spanning more than 45 years, Shenoy Nagar Saswatha Nidhi Limited continues to serve its members through structured savings, deposit and loan facilities designed around responsible financial management.
Whether you are looking to save regularly, invest through a deposit scheme, explore loan facilities or understand our membership services, our team is here to provide the information and assistance you need.
Take the next step towards managing your financial requirements with greater clarity and confidence. Contact our office to learn more about our membership, deposit schemes, loan facilities, applications and other member services.
Recurring Deposit
Small Monthly Savings. Steady Financial Growth.
Our Recurring Deposit – Monthly Investment Plan is designed to encourage disciplined and regular savings by allowing members to invest a fixed amount every month for a selected period.
With a simple and systematic approach, members can gradually build their savings without the need for a large one-time investment. At the end of the chosen tenure, the total monthly deposits along with the applicable interest are paid as the maturity amount.
Start Small. Save Regularly. Build Your Future.
Members can choose a monthly deposit amount based on their convenience and continue investing regularly throughout the selected tenure.
Fixed Monthly Investments are made regularly for certain period chosen and Interest is paid along with Total Monthly Deposit after a certain period
Minimum Monthly Deposit: ₹50/-
Maturity Benefits
The following maturity values are applicable for a monthly deposit of ₹100/-, based on the maturity schedule from 1st June 2023:
| Monthly Deposit | 12 Months | 24 Months | 36 Months |
|---|---|---|---|
| ₹100/- per month | ₹1,252/- | ₹2,613/- | ₹4,072/- |
Key Features
- Low Minimum Investment – Start with a monthly deposit of just ₹50/-.
- Regular Monthly Savings – Develop a consistent and disciplined savings habit.
- Flexible Tenure Options – Choose a savings period according to your financial goals.
- Interest-Bearing Deposit – Receive the applicable interest along with your accumulated monthly deposits at maturity.
- Simple & Convenient – A structured way to build savings through manageable monthly contributions.
A Simple Habit That Builds Over Time
Recurring Deposit is an effective way to turn regular monthly savings into a meaningful maturity amount. By contributing a fixed amount every month, members can gradually build a financial reserve while earning applicable interest over the selected tenure. Save Monthly. Grow Steadily. Plan Confidently.
BUILD A STRONGER FINANCIAL FUTURE TOGETHER
Your Savings. Your Financial Goals. Our Commitment.
With a legacy spanning more than 45 years, Shenoy Nagar Saswatha Nidhi Limited continues to serve its members through structured savings, deposit and loan facilities designed around responsible financial management.
Whether you are looking to save regularly, invest through a deposit scheme, explore loan facilities or understand our membership services, our team is here to provide the information and assistance you need.
Take the next step towards managing your financial requirements with greater clarity and confidence. Contact our office to learn more about our membership, deposit schemes, loan facilities, applications and other member services.