Sardar Sarovar Narmada Nigam Ltd Fixed Deposit Scheme

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

10 thoughts on “Sardar Sarovar Narmada Nigam Ltd Fixed Deposit Scheme”

  1. shailesh babariya

    hello sir.
    i want to purchase Narmada Bond FDR how can i purchase
    how to process and timing ???

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  3. kirtibhai m. patel

    FDR no. 1261177 filo no.00015599 Rs.120000/- due on 6.2.2014 we are send Original FDR to MCS Ltd vide letter no. Nil dt.11.12.2015 for Further renewal of years period ,by RPAD A RG 693980383IN On 16.12.2015 but till to day no reply for MCS Ltd , Nor SSNNL i want to what status as an to day pl give reply. Kirti Construction Co, Kirti Patel.

  4. sir. I am deposited the money in SSNNL in the year of 2008 and it mature at 2011. but due to some reason I forgot to renew it.
    now I want to renew or want to return it back.
    now what I can do for it ?
    plz reply fast as far as possible.
    Thank you

  5. arjanbhai ukabhai & co.

    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

  6. Bavchandbhai s. patel

    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

    1. 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.

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