Deposit interest limits and tenure rules govern fixed and recurring accounts, with reduced interest for premature withdrawals.

Rule 13 prescribes tenure and interest limits for Nidhi deposits: fixed deposits (six to sixty months) and recurring deposits (twelve to sixty months, matching mortgage loan terms where applicable). Interest on savings-qualifying balances is capped relative to savings bank rates, and interest on fixed and recurring deposits may not exceed the Reserve Bank of India's maximum for comparable public deposits. Premature repayment is restricted: no repayment within three months, no interest for the first six months if repaid after three months at depositor request, and early withdrawal reduces the payable rate by two percentage points; a death proviso preserves ordinary interest for nominees or heirs.

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