Welcome to Cito Nidhi Limited, a fast growing and trusted Quasi-Banking Mutual Benefit Organization    |   Earn high annualized yield of 14.16%* on the Cito-444 Fixed Deposit    |   Cito Nidhi Dhanavruddhi Deposit Scheme - CITO 444 Fixed Deposit    |   

CITO-400 Days Deposit

Cito Nidhi’s has launched its flagship deposit scheme “Dhanavruddhi Deposit Scheme – CITO 400”. This is limited period Term Deposit with higher returns.

This is designed for all class of people for shorter period and ideally suited for persons who are having short term financial goals and intended to invest for one year span for higher returns.

400 Days

400 Days

Min. Period

400 Days

400 Days

Max. Period

Min Rs. 5000/-

Min Rs. 5000/-

Minimum Deposit Amount

Features and Benefits

  • Can be opened by all individuals including Minors under Guardianship
  • Nomination Facility Available, Loan Facility Available.
  • Pre-Mature Closure is allowed, subject to applicable norms of the Fixed deposit scheme.
  • Deposit period is 400 days fixed
  • Earn annualized yield of 14.45%*
  • Interest will be compounded quarterly and earns high annualized yield
  • Contact for special rates for deposits above Rs 1 Cr

Terms and Conditions

  • Minimum deposit amount can be invested from Rs 5,000/- and in multiples of Rs 1,000/-. No restriction on maximum deposit amount. 
  • Interest will be compounded quarterly and earns high annualized yield.
  • Pre-Closure charges of 2% applicable on contract rate for the period run.
  • Its mandatory to become as a member of the CITO Nidhi Ltd. Member should subscribe for minimum 10 Shares with face value of Rs 10/- per share and total value of Rs 100/-. Should comply with RBI KYC norms and should provide original KYC documents along with photocopy for verification
  • Interest will be calculated at the rate applicable for the period the deposit has actually remained with the Bank. The rates are subject to change from time to time and same will be notified. All Guidelines applicable with regard to acceptance, payment and transfer of term deposits will apply to the deposits acceptance under this scheme.

Interest Rate

FD Scheme FD Period Monthly Interest for MIS Scheme Interest Rate Annualised Yield*
CITO-4OO FD 400 Days * 12.50% 14.45%
MIS FD 72 Months 1250/- 15.00% 15.00%
CITO Double Deposit Bond 72 Months * 12.00% 17.21%
GOLD Deposit Bond - MIS 36 Months 1100/- 13.20% 14.70%
GOLD Deposit Bond - Cumulative 36 Months * 11.25% 14.70%

*** Premature Closure Charges of 2.00% will be applicable

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