A reliable monthly investment tool to plan for your future financial needs. Invest each month a fixed amount for specific period and earn more than regular returns 

1. Deposit Period: 

Minimum 1 year & Maximum 10 years.

2.  Interest Payment: 

Quaterly compounding Interest payable on Maturity

3. Amount of Deposit: 

Minimum Amount: ₹ 100/- per month & Maximum Amount: No limit.

4. Premature Withdrawal:

 Allowed with 1% penal interest for the tenure of deposit as on the date of deposit.

5. Benefits:  

Loan against tdr, Nomination facility, Insurance coverage upto 5 lakh per customer

TDS

• The tax on interest earned is deductible in accordance with the provisions of the Income Tax Act 1961.
• 15G/15H is required to be submitted for exemption of TDS