Dehun SIP (Recurring Deposits)
Invest in Dehun SIP and grow your money
The best investments are those that provide sufficient returns while ensuring safety. Dehun SIP (Recurring Deposit) Scheme lets you invest your money with the certainty of a fixed interest rate and a choice of terms. Plan your goals and invest consistently to achieve them.
Recurring Deposit (RD) is an investment tool which permits those with an ability to make regular deposits earn decent returns on their investment.
Through Dehun SIP, our members can choose a fixed monthly amount to save and earn higher returns on their investment. The interest rate will not fluctuate & you do not stand to lose any money.
Eligibility
- Recurring Deposit can be opened by both individual holding Saving Account with Dehun India.
- Resident Indian
- No Age limit
Features – Dehun SIP
Some of the basic advantages and features of an SIP include:
- There is no risk involved. Your monthly remittance remains secure, with guaranteed returns.
- You choose the amount of the monthly installment as per your convenience.
- Installment amount can be as little as INR 200/- and may increase in multiples of INR 100/- without any restrictions on the upper limit.
- It encourages the habit of making regular savings. The more you choose to save and deposit, the higher is the rate of interest.
- The minimum tenure to open an RD account is only 12 months. This tenure can be increased in multiples of 6 months up to a period of 5 years. You may choose the duration according to your finances and convenience.
- Making monthly payments is easy and hassle-free. A one-time standing instruction from your savings account at Dehun India would result in automatic payment of installments to your recurring deposit account.
- Keep a regular track of your deposits.
- Dehun India issue passbook for Recurring Deposit
Interest Rates
Interest rates vary depending upon the type of account you seek to open.The longer the tenure of your SIP, higher is the rate of interest.The interest accrued on a quarterly basis is compounded to increase your earnings.
Resident SIP Deposit Interest Rates (% pa)**
Rates Applicable from 1st April 2022
| Period | Regular | Regular | Senior Citizen** | Senior Citizen** |
| Interest Rate | Annualised Yield* | Interest Rate | Annualised Yield* | |
| 12 Month & 18 Month | 10.00% | 10.00% | 10.50% | 10.50% |
| 24 Month & 30 Month | 10.50% | 10.50% | 11.00% | 11.00% |
| 36 Month & 42 Month | 11.00% | 11.00% | 11.50% | 11.50% |
| 48 Months & 54 Months | 11.50% | 11.50% | 12.00% | 12.00% |
| 60 Months | 12.00% | 12.00% | 12.50% | 12.50% |
Terms & Conditions
- It is mandatory to become a member in Dehun India Nidhi Limited to open a FD Account.
- It is Mandatory to complete the KYC Norms.
- Open an account with your choice of period from 365 days to 5 Years.
- Interest will be calculated on quarterly compound basis.
- Interest amount is subject to TDS deductions as per existing income tax rules.
- Facilities: Loan facility is available against deposits. Nomination facility is available for deposits.
- The Member Account Holder shall surrender the F.D. Receipt/Bond/Advice and duly signed application to the company and the maturity shall be paid along with interest as per the above-mentioned Chart. No additional interest would be paid on the maturity amount, if taken after the scheduled period.
- Interest rates are subject to change at the sole discretion of the Dehun India Nidhi Limited.
- Dehun India Nidhi Limited reserves the right to alter or add to these rules at any time without any notice.