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The Features and Benefits of Term Deposits

Term deposits are perfect for those who wish to make large amounts of money over an extended period of time. They offer competitive interest rates, there is never a set maturity date, the availability of funds won't be limited and the total amount that can be withdrawn at any point in time will be less than your deposit amount.<br><br>For more information visit here: https://www.pnbhousing.com/blog/everything-you-need-to-know-about-term-deposits/

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The Features and Benefits of Term Deposits

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  1. The Features & Benefits of Term Deposits Term Deposit Features A Term Deposit requires you to decide how much to deposit. A fixed deposit requires only a few documents Liquidity is a limitation of Term Deposits as an investment alternative. Term Deposits do not have a maximum deposit amount Benefits of Term Deposits Post-tenure loan facility of up to 75% of the deposit NHB-approved nomination facility Up to Rs. 5000 in interest income is not subject to TDS Pre-closure of the Term Deposit after 3 months

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