Reserve Bank of India approves Bank of Rajasthan Merger with ICICI Bank - Click Amalgamation for Details

Nidhi Sanchay Yojana

(Automatic renewal scheme) Suitable for depositors to park deposits for short term matuirities (presently, as minimum as 15 days) and convnience of automatic renewal (on due dates). The depositor is not required to visit the bank time and again for renewal since the deposit renewed automatically in the cycle of 15 days alongwith interest.



Eligibility Individuals Singly/Jointly, Firms, Corporate bodies, Associations etc. can open the account under the scheme.
Amount Minimum Rs. 1,000/- & multiples of Rs. 1000/-
Period 15 days
Interest Applicable as per term deposits rates table.
Tax Deduction at Source Applicable
Nomination Accepted
Transferability Option Available within Bank's Branches
Other facilities Loan or overdraft against the deposit is available. Premature payment is permissible.