MHC News

Unit Link Deposit

Your capital grows

Unit Link Deposit is a new investment opportunity that allows you to improve the return on your capital while benefiting from all the advantages of a fixed deposit. You can place your deposits in multiple units with fixed terms which allow you to benefit from appreciable returns and withdraw a unit prior to its maturity period, without any penalty.

Features

  • Term: 12 months (min) and 120 months (max)
  • Minimum Deposit amount: Rs 100,000 (equivalent to 1 unit)
  • Minimum tenure before any unit encashment: one year
  • Maximum number of premature withdrawals before maturity: Three
  • Interest Payout Frequency: Yearly or at maturity
  • Documents to be submitted:- Identity Card, Birth Certificate, Marriage Certificate, Recent CEB/CWA/Telecom Bill or Bank Statement (< 3 months)/IBAN

Interest Rate

Period

At Maturity

(%)

Yearly

(%)

12

3.30

3.30

24

3.80

3.55

36

4.35

4.10

48

4.85

4.60

60

5.10

4.85

72

5.25

5.00

84

5.40

5.15

96

5.60

5.35

108

5.65

5.40

120

5.70

5.45

 (linked to Key Rate)

Features
  • Term: 12 months (min) and 120 months (max)
  • Minimum Deposit amount: Rs 100,000 (equivalent to 1 unit)
  • Minimum tenure before any unit encashment: one year
  • Maximum number of premature withdrawals before maturity: Three
  • Interest Payout Frequency: Yearly or at maturity
  • Documents to be submitted:- Identity Card, Birth Certificate, Marriage Certificate, Recent CEB/CWA/Telecom Bill or Bank Statement (< 3 months)/IBAN
Interest Rate

Period

At Maturity

(%)

Yearly

(%)

12

3.30

3.30

24

3.80

3.55

36

4.35

4.10

48

4.85

4.60

60

5.10

4.85

72

5.25

5.00

84

5.40

5.15

96

5.60

5.35

108

5.65

5.40

120

5.70

5.45

 (linked to Key Rate)

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