It is a long term Recurring Deposit scheme with intermediate
withdrawal facility. Deposits are to be made every month, and the maturity
period is after 120 months. You will be having two options :
- You may opt to
have one intermediate withdrawal at the end of 60 months and get the final
payment at the end of 120 months, or
- You may withdraw
immediately at the end of 36 months and 72 months, and get the maturity
amount at the end of 120 months.
The scheme meets your long term monetary requirements.
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