Terms & Conditions:-
- Minimum MIS would be of Rs. 10000/- and further in multiple of Rs.10000/-
- No TDS Deducted on interest paid by Bhavishya Jyoti Nidhi Limited on Deposits.
- Special MIS is applicable only for Senior citizens, women, and Govt. employ and for
pensioners.
- Loan available against Deposit up to 75% of deposited amount after one month from
the date of deposit.
- Rate of interest on loan against Deposit would be 5% higher than applicable rate of
interest to your Deposit.
Payment before maturity not allowed for 90 days deposit scheme and Payment before
Maturity allowed to other MIS plans, in this case the Calculation of interest on
pre-mature payment will be applicable as per savings a/c’s rate of interest and already
paid interest amount will be deducted from the principal amount.