A new Recurring deposit product "Jab Chaho Lakhpati Bano" is also introduced wef
02 December 2016(Details are as under). Staff and senior citizens will get additional benefit as per the existing norms.
|
PERIOD IN YEARS
|
RATE OF INTEREST
|
MONTHLY INSTALLMENT(Rs.)
|
MATURITY VALUE (Rs.)
|
|
1
|
5.25
|
8101
|
Rs. 1 Lakh Plus
|
|
2
|
5.00
|
3955
|
|
3
|
5.00
|
2571
|
|
4
|
5.00
|
1880
|
|
5
|
5.00
|
1466
|
|
6
|
5.00
|
1190
|
|
7
|
5.00
|
995
|
|
8
|
5.00
|
850
|
|
9
|
5.00
|
735
|
|
10
|
5.00
|
645
|