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| Is the Easy Deposit Scheme suitable for me? |
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| Yes if you are a... |
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Salaried individual |
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Professional |
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Small trader |
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Housewife or a |
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Student... wanting to save money in flexible and convenient monthly instalments | |
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| What are the other features of the Easy Deposit Scheme? |
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You can choose the minimum amount you want to save every month ranging from Rs. 100/- to Rs. 1,000/- |
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The chosen amount will be the core amount and you can deposit up to ten times of the core amount every month |
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The interest and your investment will be repaid at the end of a period specified by you, ranging from 6 months to 10 years |
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You can receive a monthly interest depending on the minimum balance in your account between the 10th and the last day of the month |
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Premature closure of the deposit is permitted |
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You can get a loan of up to 85% on your deposit with the accrued interest | |
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| What is the minimum amount I can deposit? |
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The minimum deposit amount is Rs. 100/-. Higher deposits can be made in multiples of Rs. 10/- with the maximum being Rs. 10,000/-.
While all efforts have been made to update the information, constituents are requested to contact the branches for latest details. |
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