Mahalaxmi Deposit Scheme (Interest Rate: 7.40%) This is a term deposit designed in such a way that the depositor gets double the money he deposits after a certain maturity period. The depositor does not get any interest in the intervening period.
Fixed Deposit Calculator Deposit Amount 1L 5Cr Tenure (Year) 1 15 Tenure (months) 1 12 Tenure (Days) 1 30 Interest Rates (In % p.a.): 6% 18% Total Amount will be 10000 Total Interest amount will be 1025
Requirements Minimum Amount : Rs 100 and in multiples of Rs 100 thereof. Maturity Period : 87 months only.