FEATURES OF DOUBLE INCOME SCHEME
No limit for maximum amount
No age limit
Doubles in 78 months
1️⃣ BENEFITS
- Simple investment product which offers double income & safety.
- Minimum period of deposit: 78 months
- No limit for maximum deposit amount.
- Minimum Amount of deposit is Rs.1000.
- Option of premature/partial withdrawal in case of any urgent funds’ requirement without penalty.
2️⃣ RATE OF INTEREST
- After 78 months depositor will get double amount of his deposits
- Special offers – For deposits over ₹10,00,000, the money will be doubled in 72 months.
3️⃣ ELIGIBILITY
- Any individual who is resident of India.
- No age limit.
4️⃣DOCUMENT REQUIRED
- Identity Proof of depositor.
- Address proof of depositor.
- In case of minor, guardian’s documents & signature is required.
5️⃣ PLEDGING OF AMOUNT
- Pledging of deposit is 80% of FD amount.