Monthly Deposit scheme

Home » Monthly Deposit scheme

Monthly Deposit Scheme Products

Deposit Scheme is the installment based savings product where depositors deposit fixed amount of money every month & return principal & interest amount after predefined future period called maturity period.

  • Depositor deposit fixed amount of money every month till maturity period.
  • Depositor get return total deposit & interest amount after maturity period.
  • Interest rate & maturity period is predefined at the time of scheme opening.
  • Interest rate is little higher than savings account.
  • If depositor does not continue the scheme may get regular savings interest of concerned bank with principal amount.

Varieties of Deposit Scheme Products

© Copyright -