Call 0 94 8300 8300 (India)
POTDs are similar to bank fixed deposits.
Happy Investing!!
We can help. Call 0 94 8300 8300 (India)
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You can write back to us at PrajnaCapital [at] Gmail [dot] Com
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The current rate of interest on the 5 year POTD is 7.50% p.a., compounded quarterly. The minimum investment amount is Rs. 200, there is no maximum investment amount. Interest on these deposits is calculated quarterly and paid out annually.
| Return (p.a.) | Effective 7.71% as interest is compounded quarterly | |||
| Risk | NIL | |||
| Lock In | 5 years | |||
| Income from Investment | Fully taxable | |||
| Maturity Proceeds | Maturity proceeds includes interest which is already taxed every year | |||
| NRI/PIO eligible | No | |||
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