Learn more about the regular Fixed Deposit Scheme from TMB.
This is among our earliest higher interest bearing savings scheme where in deposits can be made between 15 days to 120 months. Loans against such deposits are also provided. Interest can be withdrawn monthly / quarterly.
An investment of Rs. 1,000.00 for 12 months will fetch you interest at 7.00% p.a. and will give you a maturity value of around Rs. 1,070.00. Interest Earned being around Rs. 5.00 every 1 month / Rs. 17.00 every 3 months.