Company Profile: Sardar Sarovar Narmada Nigam Ltd
A Wholly owned Company Government of Gujarat Undertaking established on 24-3-1988 under company Act, 1956.
The Sardar Sarovar Project will provide irrigation facilities to 18.45 lac ha. of land, covering 3112 villages of 73 talukas in 15 districts of Gujarat. It will also irrigate 75,000 ha. of land in the strategic desert districts of Barmer and Jallore in Rajasthan and 37,500 ha. in the tribal hilly tract of Maharashtra through lift. About 75% of the command area in Gujarat is drought prone while entire command (75,000 ha.) in Rajasthan is drought prone. Assured water supply will soon make this area drought proof.
Features and Benefits of Sardar Sarovar Narmada Nigam Ltd Fixed Deposit Scheme:
- This fixed deposit scheme is called “Shree Nidhi” scheme
- Post dated Interest Warrants for each financial year will be dispatched in advance
- Income Tax will not be deducted upto interest Rs. 5,000 in a Financial Year
- Nomination facility available
Interest Rate of Sardar Sarovar Narmada Nigam Ltd Fixed Deposit Scheme:
| Scheme A: Non-Cumulative Deposit Scheme (Interest Payable Half Yearly) | ||
| Period (Years) | Minimum Deposit Amount (Rs) | Rate of Interest (p.a.) |
| 1 | 5,000 | 5.50% |
| 2 | 5,000 | 6.50% |
| 3 | 5,000 | 8.00% |
| Minimum amount of Rs 5,000 & in multiple of Rs 1,000 thereafter | ||
| Scheme B: Cumulative Deposit Scheme (Interest compounded half Yearly) | ||
| Period (Years) | Minimum Deposit Amount (Rs) | Rate of Interest (p.a.) |
| 3 | 5,000 | 8.00% |
| Minimum amount of Rs 5,000 & in multiple of Rs 1,000 thereafter | ||
| Scheme C: Monthly Income Scheme | ||
| Period (Years) | Minimum Deposit Amount (Rs) | Rate of Interest (p.a.) |
| 1 | 15,000 | 5.25% |
| 2 | 15,000 | 6.25% |
| 3 | 15,000 | 7.75% |
| Minimum amount of Rs 15,000 & in multiple of Rs 5,000 thereafter | ||
Website: Sardar Sarovar Narmada Nigam Ltd - Shree Nidhi
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DEAR SIR/MADAM.
FD INTEREST NOT RECEIVED
MY FDR NO:1154797