Individual Fixed Deposits offer even greater convenience and value added propositions. Whether you are saving big or small, our Fixed Deposit constitutes an effective way to grow your money while offering you the choice of earning interest on your investment either on a monthly, quarterly, half yearly or yearly basis or at maturity.
Sow your means for a blooming future
Enjoy the benefits
- Competitive interest rates up to 5.30% p.a*
- Fixed terms of 12, 24, 36, 48, 60, 72, 84, 96, 108 and 120 months
- Possibility to open joint accounts (adults)Â
- Minors can also hold an account subject to a guardianÂ
- Loans can be contracted against the Fixed Deposit
- Choose how often you receive your interest – monthly, quarterly, half-yearly, yearly or at maturity
- Enjoy guaranteed interest and security for your money
Be on your way to a better investment opportunity.
* AER - Annual Effective Rate - 5.30%
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Features
- Minimum deposit to open account: Rs 10,000.Â
- Interest paid monthly*, quarterly, half-yearly, yearly and at maturity.
- Interest Rate linked to the Key Rate.
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- How do I open an account?
- You need to contact any MHC office and produce the following documents:Â
- Proof of IdentityÂ
- Adults: national identity card and Birth Certificate
- Minors: birth certificateÂ
- Residential address
- Recent utility bill (e.g. CWA/CEB/Telephone/Bank statement) not older than 3 monthsÂ
- Proof of IdentityÂ
- You need to contact any MHC office and produce the following documents:Â
In case your cash deposit is greater or equal to Rs 100, 000, you need to produce a proof of sources of funds.Â
- Cash payment limitation
- As per FIAMLA section 5 (1), we are not allowed to accept cash deposits exceeding 500,000 rupees or an equivalent amount in foreign currency.Â
Enjoy the benefits
- Competitive interest rates up to 5.30% p.a*
- Fixed terms of 12, 24, 36, 48, 60, 72, 84, 96, 108 and 120 months
- Possibility to open joint accounts (adults)Â
- Minors can also hold an account subject to a guardianÂ
- Loans can be contracted against the Fixed Deposit
- Choose how often you receive your interest – monthly, quarterly, half-yearly, yearly or at maturity
- Enjoy guaranteed interest and security for your money
Be on your way to a better investment opportunity.
* AER - Annual Effective Rate - 5.30%
Â
Features
- Minimum deposit to open account: Rs 10,000.Â
- Interest paid monthly*, quarterly, half-yearly, yearly and at maturity.
- Interest Rate linked to the Key Rate.
Â
- How do I open an account?
- You need to contact any MHC office and produce the following documents:Â
- Proof of IdentityÂ
- Adults: national identity card and Birth Certificate
- Minors: birth certificateÂ
- Residential address
- Recent utility bill (e.g. CWA/CEB/Telephone/Bank statement) not older than 3 monthsÂ
- Proof of IdentityÂ
- You need to contact any MHC office and produce the following documents:Â
In case your cash deposit is greater or equal to Rs 100, 000, you need to produce a proof of sources of funds.Â
- Cash payment limitation
- As per FIAMLA section 5 (1), we are not allowed to accept cash deposits exceeding 500,000 rupees or an equivalent amount in foreign currency.Â
