Key Highlights of the product
- Rated FAAA by CRISIL and AAA by CARE (These ratings reflect the bank`s strong market position and healthy capitalisation.)
- Major part of shareholding pattern of SIDBI( 80%) is in the companies owned and controlled by the Central Government
- Min. Investment of Rs. 10,000 and in multiples of Rs. 1,000 thereafter.
- Documents required are Photo ID proof, and Add. proof. for Individuals
- Any Individual( except NRI )and organisation can invest
- Minimum tenure to be 12 months upto a maximum of 60 months.
Who Can Invest :
Resident Individual
| Tenure |
Cumulative Scheme *
- Interest rate |
Min. Amt. |
Rating |
Additional Rate
(If any) |
| 12 - 13 Months |
9.50% |
10,000 |
AAA |
0.50% Additional for Senior Citizens |
| 14 - 36 Months |
9.25% |
| 37 - 60 Months |
9.00% |
* Quarterly Compounding
** Quarterly Pay out |
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