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.
Your capital grows
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
- Attractive interest rates up to 5.20% p.a*
- 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
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*AER - Annual Effective Rate - 5.20%
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
- Attractive interest rates up to 5.20% p.a*
- 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
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*AER - Annual Effective Rate - 5.20%