|
|
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REGULAR
PLUS
(PERIODIC
INCOME SCHEME)
In
this scheme a person can earn interest every quarterly/half yearly/yearly
as per the rates |
Period
of Deposit
(Months)
|
Rate
of Interest
(%
p.a.)
|
*
Interest Payable on
Minimum
Deposit of
Rs
50,000/-
Qly
Hly Yly |
|
|
12
|
7.25
$
|
906 1829
3725
(938) (1893) (3857) |
|
|
24
|
7.50
$
|
938
1893 3857
(969) (1956) (3989) |
|
|
36,
48
|
7.75
$
|
969
1956 3989
(1000) (2020) (4122) |
|
|
60,
72 & 84
|
8.25
$
|
(1063) (2148) (4387)
|
|
*Minimum
deposit amount is Rs.50,000/-. Additional amount in multiples of Rs. 5,000/-.
*
Interest compounded on quarterly basis.
$ 0.25% p.a. extra interest for Sr. Citizens of 60 years and above age. Age
to be supported by attested copy of a passport or birth certificate or
high school / 10th class certificate/PAN Card/Valid LIC Policy/ Driving
License etc. Figures in brackets ($) have been indicated accordingly.
Loan against deposit eligible upto 75% of deposit amount except in case of
deposits received u/s 80C of IT Act.
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