This Fixed Deposit Scheme is designed to offer attractive benefits to various types of deposit
holders. Here's a summary of the key features:
Key Features:
Monthly Interest Payments: The scheme provides monthly interest payments, which is
beneficial for those seeking a regular income from their investment.
Additional Interest for Senior Citizens: Senior citizens enjoy an additional 0.50% per
annum on their deposit, making it a more attractive option for older investors.
Benefits for Bulk Depositors: Investors who deposit Rs. 15 lakhs or more for a tenure of 12
months or longer will receive an extra 0.15% per annum on their deposit, rewarding those
who invest larger amounts.
These features combine to make this Fixed Deposit Scheme a strong option for various investor
groups, offering both regular returns and added incentives for senior citizens and bulk depositors.