CRBF LTD - (Nidhi Company)

This company has started its operation in the year 1994 and it has been awarded a Nidhi Status by the govt.
Main objective`s pursued by the company on its incorporation are:
To promote, encourage and afford all facilities for savings habits among the members of the company, through the way of fixed, Recurring, savings, Reinvestment deposits and other permissible deposits from such members of the company as per law.

To provide safety lockers to the members of the company for safety purposes, on rental basis.
Various Deposit scheme
\"    Fixed Deposit Scheme
\"    Jayanithi Deposit Scheme
\"    Recurring Deposit Schemes
\"    Saving Deposit Account
\"    Jewel Loan
Fixed Deposit Scheme
\"    Minimum Deposit amount Rs.10, 000
\"    0.5% Additional interests to senior citizens
\"    You can receive up to 80% as loan on your Deposits/Investments
\"    Interest payable on 1st of every month by cash at your door steps or by cheque
\"    For out station depositors\` interest payable by D.D OR Electronic transfer
Years     Investment (Rs)    Annual Interest
1    10,000    12 %
2    10,000    12 %
3    10,000    12 %
4    10,000    12 %
5    10,000    12 %
Jayanithi Deposit Scheme Minimum deposit Rs .10,000/- Interest added to principal quarterly by terms of compound interest.
Years     Investment (Rs)    Annual Interest
1    10,000    12.55 %
2    10,000    13.55 %
3    10,000    14.19 %
4    10,000    16.12 %
Recurring Deposit
Daily recurring deposit scheme. 4 Monthly recurring deposit scheme.
.
Savings Deposit Account
\"    Minimum Deposit Rs.150/- (BALANCE SHOULD MAINTAINED)
\"    4 Interest will be credited once in months at 5%int P.A
Jewel Loan
\"    Jewel loan are issued Rs.1,300/- per gram on gold loans
\"    Jewel loan are issued from morning 9.45 to 5.30pm
\"    Jewel loan Charges starts from 12.5% int P.A
\"    MINIMUM Loan amount Rs.1,000/-and above.