Salient features of the scheme :

  • Interest is automatically ploughed back into deposit on quarterly compounding basis. This helps depositor to earn interest on interest amount.
  • Minimum period should be 15 months and it should be in multiple of 3 months.
  • Minimum amount is Rs.1000/- or any amount fixed by H.O.
  • Loan can be given up to 85% of the deposit amount in case of need.

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