Porkuvial FD

our long term fd / investment product
Porkuvial FD

Learn more about the latest fixed deposit TMB PORKUVIAL Deposit Scheme from TMB.

For all those with an eye on long term safe and sound investment with guaranteed appreciation of your deposits, here is a great new scheme that offers the highest rate of interest on deposits for a fixed period of 10 years.

Purpose
To attract retail depositors having aptitude for long term investments.
Target Group
All types of customers (Resident / NRO account holders).
Minimum Deposit
Rs. 1,000.00 and its multiples.
Mode of Deposit
Fixed Deposit / Cumulative Deposit (Simple interest / compound interest).
Interest Payment Frequency
Monthly as well as Quarterly in case of Fixed Deposit.
Tenure
10 Years.
Rate of interest
For General Public: 7.00% p.a.
For Senior Citizens: 7.50% p.a..
Loan Facility
Available.
Nomination Facility
Available.
Premature closure
Know more about our Premature FD Closure Policy
KYC Guidelines
The accounts should be fully KYC compliant account.

Deposit Rate of Interest:

Deposit Maturity Calculator:

An investment of Rs. 1,000.00 for 120 months will fetch you interest at 7.00% p.a. compounded quarterly and will give you a maturity value of around Rs. 2,002.00. The Effective Annualized Returns works out to 7.186% p.a.


Download the Application Form: