Naini Platinum Plus
Naini Platinum Plus (Recurring Deposit account with flexible installments)
A User-friendly Recurring Deposit Scheme, with flexibility of monthly installment. A user can deposit maximum ten time of principal amount at a time.
The Scheme is available to Individuals / Institutions / Corporates / Proprietorship / Partnership / Trust / HUF etc.
- The customer will have to select the "Core Amount", at the time of opening the account and deposit the same, initially.
- Minimum Core Amount is Rs.100/- & Maximum Rs.10,000/-
- The period of deposit will be from 15 month to 120 months, in multiple of one month
- Rate of interest on this scheme will be as per the Term Deposit rate applicable for the period.
- Interest will be calculated on monthly product basis, for the minimum balance between the 10th & last day of the month and will be credited quarterly.
- Premature closure is allowed
- Nomination facility is available, like other Deposit Scheme