

Learn more about the best Recurring plus Reinvestment Scheme from TMB.
Its a combination of Recurring & Muthukkuvial Deposits. It offers attractive returns on investments. Installment can be remitted for 36 / 48 / 60 months. Accounts can be opened for a period of 120 months.
Further, nomination facility is also available in this scheme. Compound Interest will be provided depending on period of deposit. Loans can also be arranged against this deposit.
Premature Closing is allowed subject to penalties. Facility to auto transfer funds from other operative accounts also available. The maturity Value Chart shows the returns on investment for different periods.
Product Highlights:
Monthly Investment Value Calculator:
In Navarathnamala Scheme, a monthly deposit of Rs. 79.00 at 10.00% p.a. compounded quarterly interest rate for 60 months will give you a maturity value of Rs. 10,000.00 at the end of 120 months. The Effective Annualized Returns works out to 10.381% p.a. This interest rate is applicable from May 08, 2008 and is subject to change without notice.
Download the Application Form: