Benefit from the immediately paid interest at the time of opening your account
Terms Available – 180 days and 365 days
Interest is calculated on a daily basis
Interest rate for 1 year 3.5% and for 6 months 3%.
Interest is paid upfront when the deposit is opened
The principal amount of the deposit is locked in until maturity
If deposit is broken before maturity, the interest amount that was paid earlier shall be deducted from the principal amount
The term of the deposit cannot be changed until maturity
Available in RO
Min RO 3k, Max RO 100 k
The interest amount will be disbursed in a Current Account which should naturally be linked to a Debit card that client can either use on POS or ATM. Offering a Credit Card with a 10% Limit of the Deposited blocked amount is recommended with free membership fee for the first year.
Interest is paid immediately at the time of opening Fixed Deposit, therefore customer does not have to wait until maturity to receive interest
Secured deposit and interest amount is guaranteed if deposit is held until maturity
Interest rate is fixed for the entire tenor
Competitive rate of interest depending on tenor and deposit amount
On maturity the deposit is renewed automatically as a regular FD, at the prevailing rate of interest