Fixed Deposit Scheme
SHRINIDHI FIXED DEPOSIT SCHEME
(INTEREST RATES WITH EFFECT FROM 01-06-2007)
SCHEME - A: NON CUMULATIVE SCHEME
SCHEME - B: CUMULATIVE DEPOSITS FOR 3 YEARS
Minimum Amount (Rs.)
Interest Per Annum
Minimum Amount (Rs.)
Interest Per Annum
Amount payable on Muturity (Rs.)
1 Year
2 Year
3 Year
5,000/-
5.50 %
6.50 %
9.00 %
5,000/-
9.00 %
6511/- (Approx)
  1. Minimum amount Rs. 5,000/- and in multiple of Rs. 1000/- thereafter.
  2. Interest will be paid on 30th September and 31st March and on maturity in case of non-cumulative deposits.
  3. Interest will be compounded Half yearly on 30th September and 31st March in case of cumulative deposits.
SCHEME- C : MONTHLY INCOME SCHEME
Minimum Amount (Rs.)
1 Year
2 Year
3 Year
15,000/-
5.25%
6.25%
8.75%
  1. Minimum amount Rs.15,000 /- and in multiple of Rs. 5,000/- thereafter.
  2. Post-dated interest Warrants will be issued for financial year in advance.
    NOTE: Ceiling of Minimum amount of deposit shall not be applicable in case of schemes for Government of Gujarat.
NARMADE SARVADE FIXED DEPOSIT SCHEME FOR NRI's & NRG's
NON CUMULATIVE SCHEME
CUMULATIVE DEPOSITS FOR 3 YEARS
Minimum Amount (Rs.) Interest Per Annum
Minimum Amount (Rs.)
Interest Per Annum
Amount payable on Muturity (Rs.)
1 year 2 years 3 years
25000/- 3% 4% 5% 25000/- 5% 28992/- (Approx.)
  1. Minimum amount Rs. 25,000/- and in multiple of Rs. 5,000/- thereafter.
  2. Interest will be paid on 30th September and 31st March and on maturity in case of non cumulative deposits.
  3. Interest will be compounded half yearly in case of cumulative deposits.
For more details Please contact
  Shri V.V.Chaudhary,
Deputy General Manager (Deposit),
Sardar Sarovar Narmada Nigam Ltd.
Block No.12, 3rd Floor,
New Sachivalaya Complex,
Gandhinagar - 382010,
Phone no. (079) 232 54589, 232 54592.

 

   

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