Learn more about the Flagship Reinvestment Scheme from TMB.
This is among our most popular reinvestment plans earning a higher rate of interest on your savings. Further, loans against such deposits are provided. Deposits can be made for periods ranging from 12 months to 10 years. Nomination facility is also available. Complete details of the scheme is documented below.
An investment of Rs. 1,000.00 for 63 months will fetch you interest at 5.50% p.a. compounded quarterly and will give you a maturity value of around Rs. 1,332.00. The Effective Annualized Returns works out to 5.614% p.a.