Fixed deposits or Term Deposits are a low risk savings option which earns a fixed return. Their duration can vary from 7 days to 10 years. The rate of interest for a fixed deposit also varies according to the duration of the fixed deposit, overall rates in the economy and the policy of the concerned bank. Now-a-days, fixed deposits offer a number of additional features such as sweep in facilities, loan against fixed deposit etc. A special category of fixed deposits called tax-saver FDs offer a deduction for investment up to Rs 1.5 lakh per annum.

Awsar Nidhi Limited provides maximum Fixed deposit interest rates from other Nidhi companies to the registered members. Fixed deposits are safer and more secure form of investments than other conventional modes of investments available in the market. Fixed deposit services are the best idea for senior citizens; considering their sources of income which are limited and most of the people in this age bracket are risk averse.