This product is targeted for corporates, firms, parastatal bodies, government institutions and companies.
Invest with Confidence
Benefits
- Attractive interest rate.
- Automatic renewal of deposit.
Features
- Minimum deposit: Rs 100, 000.
- Interest paid at maturity.
| PERIOD | 12 MTHS | 24 MTHS | 36 MTHS | 48 MTHS | 60 MTHS |
|---|---|---|---|---|---|
| Maturity* | 3.50% | 3.75% | 4.25% | 4.50% | 5.00% |
* linked to Key Rate
How to open an HDC account for Institutions/Companies?
The following documents are required:
- Article/Memorandum of Association
- Board Resolutions
- ID card of Directors
- Proof of address of Directors - Recent utility bill (e.g. CWA, CEB, telephone) or bank statement, not older than 3 months
Notes: the HDC certificate can be collected at any MHC office.
Benefits
- Attractive interest rate.
- Automatic renewal of deposit.
Features
- Minimum deposit: Rs 100, 000.
- Interest paid at maturity.
| PERIOD | 12 MTHS | 24 MTHS | 36 MTHS | 48 MTHS | 60 MTHS |
|---|---|---|---|---|---|
| Maturity* | 3.50% | 3.75% | 4.25% | 4.50% | 5.00% |
* linked to Key Rate
How to open an HDC account for Institutions/Companies?
The following documents are required:
- Article/Memorandum of Association
- Board Resolutions
- ID card of Directors
- Proof of address of Directors - Recent utility bill (e.g. CWA, CEB, telephone) or bank statement, not older than 3 months
Notes: the HDC certificate can be collected at any MHC office.
