Sardar Sarovar Narmada Nigam Ltd Fixed Deposit Scheme

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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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5 thoughts on “Sardar Sarovar Narmada Nigam Ltd Fixed Deposit Scheme

  1. SHRIDHAR RAMCHANDRA DHOBLE says:

    DEAR SIR/MADAM.
    FD INTEREST NOT RECEIVED
    MY FDR NO:1154797

    • Write them by picking the contact details from the respective website. Let us know if it solves your problem. If not We can write on your behalf.

  2. Bavchandbhai s. patel says:

    My FDR no 1144863, Date of deposit 08/09/2009. for three years. After complition of three year total amount of maturity 130286 till not received. so pl. do needfull

  3. arjanbhai ukabhai & co. says:

    i have fdr rs.25000 no.T 35451 and i have not recevied interest warrent for renewal of fdr from period 2006 to 2012 please advise me

  4. i want to purchase Narmada Bond. how can i purchase

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