Customer can open account under this scheme in his own name or jointly by depositing an Initial Deposit amount along with First Installment amount. Tenor of this scheme is 5 years. After depositing 60 installments and the initial deposit customer will get attractive benefit at maturity
|Initial Amount||Installment||Matured Amount|
Depositor may avail credit facility against deposited amount or encashment value of the scheme according to credit policy of the bank.