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Features of Double Income Scheme

No limit for maximum deposit amount

No age limit

Minimum period of deposit 90 months

1

Benefits

  • Simple investment product which offers double income & safety.
  • Minimum period of deposit: 90 months.
  • Minimum Amount of deposit is Rs. 10,000.
  • No limit for maximum deposit amount.
  • Option of premature/partial withdrawal in case of any urgent funds’ requirement without penalty.
2

Rate of Interest

  • After 90 months depositor will get double amount of his deposit.
3

Eligibility

  • Any individual who is resident of India.
  • No age limit.
4

Documents Required

  • Identity Proof of depositor.
  • Address proof of depositor.
  • In case of minor, guardian’s documents & signature is required.
5

Pledging Of Deposit

  • Pledging of deposit is 80% of Deposit amount.

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