World's Best Strategy Blend with Investment through MIP transfer
interest income to balanced funds. Best for moderate returnsPramesh Wealth Private LimitedVadodara
A. Monthly Income Scheme Who can open an account Any individual can either singly or jointly open this account. It can also be opened by minor who has attained age of ten years.How to make deposit There shall be only one deposit in the account Limit on Deposit The minimum deposit required is Rs.6,000 and the maximum permissible deposit is Rs.3,00,000 for a single account and Rs.6,00,000 for a joint account. Return on investment 8% p.a. payable monthly. Tenure The tenure of account is 6 years Premature Withdrawal The amount deposited can be withdrawn after 3 years. If the amount is withdrawn before 3 years then 5% of the amount deposited shall be deducted. Tax liability The interest qualifies for deduction under section 80L up to a maximum limit of Rs.9,000. No TDS is deducted from interest. The wealth tax exemption is available. The bonus also qualifies for deduction under section 80L. Nominations Nomination facility is available.Desai Fin InvestmentsVadodara
Any individual can either singly or jointly open this account. It can also be opened by minor who has attained age of ten years. NJ India Invest Private LimitedVadodara