We have introduced Fin Grow Deposit Scheme where an investor could earn interest from 10.00 % p.a.In this product, Investors will get a monthly inflow of invested amount and interest and avail benefit of compounding through reinvestment in Recurring Deposit or other tax-saving instruments available in the market.
This is a perfect investment instrument for an investor who is looking for a lump sum investment integrated with systematic investment to plan and streamline personal wealth management.
Detail annexure for the investment of Rs 1,00,000 is mentioned below.
Features of Product
- Interest rate starting from 10.00 % per annum with principle & interest payment per month.
- Minimum Investment amount is Rs 1,00,000 & Minimum Investment Tenue is 24 Month
- Monthly repayment through the advanced automatic payment system on 1st Date of each month.
- Partial Withdrawal or Full Withdrawal of Investment is possible at any time.
- Penal Interest of 1 % calculated on invested capital on an early withdrawal.
- Loan Against Deposit would be available at a maximum of 80% of Investment Value.
- Interest Earned through Fin-Grow Deposit should be disclosed at the time of filing Income Tax Return.
- No TDS would be deducted by Finland during payment of interest.
- Real time update of your all investment in My Portfolio Tab to get details of the investment.
- Track your all investment deposit and withdrawal transaction through Passbook Tab.
Particular | Silver |
---|---|
Minimum Investment Amount | Rs 1,00,000.00 |
Minimum Tenure | 12 Months |
Interest rate per annum | 10.00% |
Interest Rate Per Month | 00.83% |
Interest Value on Investment | Rs 6,596.58 |
Total Monthly Payment | Rs 8,884.88 |
Why to Invest
- Consistent return on investment for long term horizon and help to maintain liquid fund per month.
- Benefit of monthly cash inflow credit to account on 1st date of each month help to meet fixed amount obligation with good return on investment
- EMI Payment of any loan by lumpsum investment in Fin-Grow Investment. Example: If you invest Rs 1,00,000 for one year in Fin-Grow Plan, you would manage to pay EMI up to Rs 8,884 for a year
- Provided Investment instrument helps to meet household monthly recurring expenses as well as lump sum payment at maturity.
- An Investor could use the provided investment instrument to maintain a balanced investment portfolio.
- The Interest rate will not increase or decrease at any time regardless of market fluctuations.
How to Invest
- Sign up on our organization through the website by providing basic details including User Name, Phone Number, and Email ID. You can also sign up by Google or Facebook account.
- Go to My Profile and apply for membership along with KYC documents include PAN Card, ID Proof, Passport Size Photo, and Signature.
- Click on Invest Now button to get all information on Investment Calculation & Click on Invest button.
- If you are not able to apply membership application online, you can apply for membership by sending an offline membership application form available on Membership Menu along with KYC documents.
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You can also place your query by clicking to Make an Appointment available at Home Page and our executive will get back to you.