LOLC Finance Fixed Deposit Bond is a secure long term investment option, which yields higher returns whilst making it an easy and hassle-free financial product. This product is available to the Individual and Corporate customer segment for a 3-5 year term on fixed interest rates.
The salient feature of this product is that it is a tradable instrument, which can even be gifted; transferred or sold to a 3rd party anytime between the date of deposit and date of maturity, whilst maintaining the original investment value intact.
|Period||Cash Value||Maturity Value||Interest Rate|
|3 Years||Rs. 7,500/-||Rs. 10,000/-||11.70%|
|Rs. 75,000/-||Rs. 100,000/-||11.70%|
|Rs. 750,000/-||Rs. 1,000,000/-||11.70%|
|Rs. 7,500,000/-||Rs. 10,000,000/-||11.70%|
|4 Years||Rs. 6,900/-||Rs. 10,000/-||11.82%|
|Rs. 69,000/-||Rs. 100,000/-||11.82%|
|Rs. 6,900,000/-||Rs. 1,000,000/-||11.82%|
|5 Years||Rs. 6,300/-||Rs. 10,000/-||12.36%|
|Rs. 63,000/-||Rs. 100,000/-||12.36%|
|Rs. 630,000/-||Rs. 1,000,000/-||12.36%|
|Rs. 6,300,000/-||Rs. 10,000,000/-||12.36%|