Diamond Deposit Account

Introduction

Diamond Deposit Account provides investment opportunities to investors looking for additional monthly income with an attractive return. With terms from 1 year to 3 years, investors earn a monthly profit credited to an associated Current Account.

Features

  • Certificates are issued for fixed periods of 1, 2 and 3 years
  • Annualized rates of expected profit: from 4.75% p.a. to 4.85% p.a.
  • Profit paid at monthly intervals calculated from date of deposit
  • Minimum investment amount is Rs.25,000/-
  • Financing facility up to 90% of deposit is available

Profit Rates

Annualized rates of expected profit for different types of PLS deposits.

Effective: 1st June 2016
Period: 1st June – 31st December, 2016

Term Profit Rates (% p.a.)
1 Year 4.75% p.a.
2 Years 4.85% p.a.
3 Years 4.85% p.a.