Benefits

• Simple investment product which offers daily savings & safety.
• Minimum period of deposit: 6 months.
• Maximum period of deposit: 1 year.
• Minimum Amount of deposit is Rs.100.
• No limit for maximum daily deposit amount.
• Option of premature/partial withdrawal in case of any urgent funds’ requirement without penalty.

Rate of Interest

• Depositor will get 4% interest per annum.

Eligibility

• Any individual who is resident of India.
• No age limit.

Documents Required

• Identity Proof of depositor.
• Address proof of depositor.
• In case of minor, guardian’s documents & signature is required.

Pledging Of Deposit

• Pledging of deposit is 80% of DD amount.