MHC News

Fixed Deposit - Senior Citizen

Secure Tomorrow, Today

Features

Take advantage of our competitive interest rates and enjoy a secure and regular income. We offer the flexibility for tenures ranging from 12 months to 120 months to help with your financial planning. The fixed deposit for senior citizens gives a higher return on money which you can keep aside for a fixed period of time. A Fixed Deposit may give you a higher rate of interest on your savings as compared to an instant-access account. Lock in a competitive interest rate at the outset of your fixed deposit and receive payment on a monthly basis.

Period of deposit
Interest payment(Months) Monthly(%)
12 1.00
24 1.65
36 2.15
48 2.60
60 2.80
72 2.95
84 3.10
96 3.25
108 3.30
120 3.35

 

Features

Take advantage of our competitive interest rates and enjoy a secure and regular income. We offer the flexibility for tenures ranging from 12 months to 120 months to help with your financial planning. The fixed deposit for senior citizens gives a higher return on money which you can keep aside for a fixed period of time. A Fixed Deposit may give you a higher rate of interest on your savings as compared to an instant-access account. Lock in a competitive interest rate at the outset of your fixed deposit and receive payment on a monthly basis.

Period of deposit
Interest payment(Months) Monthly(%)
12 1.00
24 1.65
36 2.15
48 2.60
60 2.80
72 2.95
84 3.10
96 3.25
108 3.30
120 3.35

 

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