This product is targeted for corporates, firms, parastatal bodies, government institutions and companies.
Invest with Confidence
Benefits
- Attractive interest rate up to 4.50% p.a*Â
- Automatic renewal of deposit.
Â
* AER - Annual Effective Rate - 4.50%
Features
- Minimum deposit: Rs 100, 000.Â
- Interest paid at maturity.
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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 up to 4.50% p.a*Â
- Automatic renewal of deposit.
Â
* AER - Annual Effective Rate - 4.50%
Features
- Minimum deposit: Rs 100, 000.Â
- Interest paid at maturity.
Â
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.
