Fixed Deposit (FD) Scheme
Grow your savings with assured, high-interest returns. Lock in your
Fixed Deposit Scheme
Safe Investment. Higher Returns. Peace of Mind.
The NMD Society Fixed Deposit Scheme is a savings and investment initiative designed to help our members grow their hard-earned money at interest rates significantly higher than conventional banks — all within a trusted, registered co-operative framework.
When you invest in an FD with NMD Society, your principal remains completely safe and you earn a guaranteed return based on the tenure you choose. The longer you invest, the higher the interest you earn.
Minimum deposit of just ₹5,000 (in multiples of ₹500 thereafter) | No TDS deduction on interest earned | Loan facility available up to 90% of your deposit value.
Whether you are saving for your child’s education, a future home, or simply building a financial safety net — the NMD Society Fixed Deposit is the ideal instrument for disciplined, high-yield saving.
FD Rates & Maturity Values
See exactly how much your investment grows across different tenures. All values shown below are based on annual compounding.
| Deposit Amount | 12 Months @ 12% | 24 Months @ 12% | 36 Months @ 12% | 74 Months (Double Plan) |
|---|---|---|---|---|
| ₹5,000 | ₹5,500 | ₹6,161 | ₹7,025 | ₹10,000 |
| ₹10,000 | ₹11,000 | ₹12,322 | ₹14,050 | ₹20,000 |
| ₹25,000 | ₹27,500 | ₹30,805 | ₹35,123 | ₹50,000 |
| ₹50,000 | ₹55,000 | ₹61,605 | ₹70,246 | ₹1,00,000 |
| ₹1,00,000 | ₹1,10,000 | ₹1,23,210 | ₹1,41,493 | ₹2,00,000 |
| ₹2,00,000 | ₹2,20,000 | ₹2,46,420 | ₹2,82,986 | ₹4,00,000 |
| ₹5,00,000 | ₹5,50,000 | ₹6,16,050 | ₹7,07,464 | ₹10,00,000 |
* Maturity values are indicative and based on annual compounding. Actual values may vary slightly. Please visit your nearest NMD Society branch for the exact applicable rates at the time of deposit.
Calculate Your Maturity Amount
Enter your deposit details below and instantly see how much your money will grow with NMD Society's Fixed Deposit scheme.
FD Details
Your FD Summary
Why Choose NMD Society FD?
Higher Returns than Banks
NMD Society offers FD interest rates of up to 12% p.a. — significantly higher than most nationalised and private banks, ensuring your savings grow faster.
No TDS on Interest
Interest earned on your Fixed Deposit with NMD Society is not subject to TDS (Tax Deducted at Source), so you receive your full interest amount.
Loan Against FD (up to 90%)
Need funds urgently? Avail a loan of up to 90% of your FD value without breaking the deposit — your FD continues to earn interest while you access credit.
Nomination Facility
Secure your family's financial future by registering a nominee for your FD. In case of any eventuality, your deposit is transferred seamlessly to your nominee.
Flexible Tenure Options
Choose from 12, 24, 36 months or opt for our special 74-month Double Plan where your money doubles. Pick the tenure that best suits your financial goals.
Low Minimum Deposit
Start investing with as little as ₹5,000 and add in multiples of ₹500. FD is accessible to everyone — no large lump sum required to begin.
Auto-Renewal Option
Opt for automatic renewal at maturity and continue to earn high interest without the hassle of visiting the branch every time your FD matures.
Safe & Registered
NMD Society is a registered co-operative society governed under the Co-operative Societies Act. Your deposit is handled with full regulatory compliance and transparency.
Special Double Plan
Invest for 74 months and double your money! Our flagship long-term FD plan guarantees 2× returns — ideal for retirement planning and long-term wealth creation.
How to Open Your FD Account
Booking a Fixed Deposit with NMD Society is quick and hassle-free. Follow these simple steps:
Become a Member
You must be an active member of NMD Society to open an FD. If not yet a member, visit the nearest branch and complete the simple membership process.
Visit the Branch
Walk into your nearest NMD Society branch and request the Fixed Deposit Application Form. Our staff will guide you through the options.
Choose Tenure & Amount
Select the deposit amount (min. ₹5,000), preferred tenure (12/24/36/74 months), and the interest payout option that suits your need.
Submit Documents & Pay
Submit your KYC documents along with the deposit amount. Receive your FD certificate immediately upon completion.
Documents Required
Keep the following documents ready for a smooth and quick FD account opening process.
🪪 Identity & Address Proof
- Aadhaar Card (mandatory)
- Voter ID Card
- PAN Card
- Passport (if available)
- Electricity or Water Bill (address proof)
- Rent Agreement (for tenants) + Landlord's utility bill
📸 Additional Requirements
- 3 recent passport-size photographs
- Completed FD Application Form (provided at branch)
- Membership details of NMD Society
- Nominee details (name, relationship, Aadhaar)
- Mode of deposit (cash / cheque / bank transfer)
- Mobile number for SMS alerts and communication
