Recurring Deposit Plan

Recurring Deposit (RD) is a unique way to inculcate the habit of regular saving and investment, which fulfills the need of putting something aside for the individuals with a normal wage by influencing them to store a settled sum consistently on regular basis. LRSIndia Nidhi Limited offers various schemes from starting from 12 months to 60 months having attractive interest rates ranging from 11.5% to 12.5%. You can start investing from minimum of Rs 500/- to maximum in multiples of Rs 1000/-

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Features and Benefits


Build your savings on a regular basis

Build habit of saving small amount of money on regular basis and earn good return

Enjoy attractive interest rates

We offer competitive interest rates in market, ensuring best returns on your saving or Investment.

** Interest rates are subject to change from time to time – please contact helpdesk for more details.

Enjoy easy mode of withdrawal

We offer multiple mode of withdrawal like cash, Cheque, NEFT/RTGS or IMPS.

Terms and Conditions

Below are some terms & conditions if you too want to be a part.

  • It is mandatory to be a member in the company.
  • Minimum Recurring Deposit would be ₹500/- and maximum in the multiple of Rs. 500/-.
  • The recurring deposits shall be accepted for a minimum period of one year and a maximum period 5 years.
  • Interest will be compounded on a monthly basis.
  • Mode of deposit will be cash, cheque or NEFT.
  • Irregular deposits are not entitled to pre-mature payment and loan facility against it. If there is a default in the payment of one instalment than the account will be treated as an irregular account
  • Recurring Deposit cannot end in 6 months, no interest will be payable if the recurring deposit is closed within 6 months. If the RD foreclosed after 6 months, 2% of the interest amount will be charged.
  • The charge of ₹25 per 1000/- will be demanded in case of default payment of instalment.
  • After the maturity date, payment on irregular accounts will be made after deducting the penalty amount maximum to the limit of interest earned on such account. No deductions will be made in the principal amount of such accounts.
  • In case of death of the depositor, the company will repay the principal amount and interest to a nominee, at which it was accepted.
Call Us Now 0385-2952312
Email Us lrsfinance@lrsindia.in / info@lrsindia.in
Our Company LRS India Nidhi Limited
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