Jan 5, 2010

NATIONAL HOUSING BANK SUNIDHI SCHEME Fixed Deposit @ 8%


Rate of Interest  

Company Name
12 mths
24 mths
36 mths
60 mths
NHB Suniddhi *
New Rate
Old Rate
New Rate
Old Rate
New Rate
Old Rate
New Rate
Old Rate
6.50
7.25
6.50
7.25
7.25
8.00
8.00
8.00

*0.50% extra for senior citizen.

Terms and Conditions are:

  1. Denomination
    Deposit will be accepted in multiples of Rs. 10000/- subject to a minimum of Rs. 50000/-.
    There will no maximum limit on the amount or number of deposits. However, deposits of Rs. 1 crore or above require prior written approval of NHB. 
  1. Period of Deposit:
    Deposit will be accepted for a period of 12 months/24 months / 36 months/ 60 months. 
  1. Eligible Depositors:
  • Resident Indian national(s) who may be either a single individual or not more than three individuals jointly.
  • Hindu Undivided families (HUF) through their Karta.
  • Partnership Firm Societies and Trusts registered under applicable laws in India and  authorized to invest under the scheme
  • Association of persons authorized to invest in deposits under the Scheme.
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