Dhanachakra Deposit is a scheme under Fixed Deposit that provides automatic compounding of accrued interest that earns higher returns making your investments evolve faster. This product is very much perfect for planning your financial commitments for your child’s future, or maybe for a marriage, or any kinds of festival celebration etc.
Features
| Eligibility | · Individuals(sole or jointly)
· Deposits in the name of minor can also be made. |
| Minimum Deposit | The minimum amount of deposit is Rs 100 with no limitation for the maximum |
| Tenure | The minimum time period is 1 year to 10 years. |
| Loan Facility | Available |
| Nomination Facility | Available |
