Vaishya Sahakari Bank Ltd. offers a Re-Investment Deposit Scheme designed to help customers grow their savings through the power of compounding. In this scheme, the interest earned on the deposit is reinvested along with the principal amount, resulting in higher returns at maturity. It is an ideal option for those who wish to earn maximum benefit from their savings over a fixed period.
Key Features:
- Attractive Interest Rates: Earn competitive returns on your deposit.
- Compounding Benefit: Interest is compounded quarterly and reinvested to maximize maturity value.
- Flexible Tenure: Choose a deposit period as per your financial goals.
- Nomination Facility: Available for the convenience and security of depositors.
- Loan Facility: Avail a loan or overdraft against your Re-Investment Deposit.
- Premature Withdrawal: Permitted as per bank rules.
