Mahalaxmi Deposit Scheme

At JanSeva Urban Bank, we offer a special fixed deposit plan known as the Mahalaxmi Deposit Scheme, designed to provide higher returns in a relatively short period. This scheme is ideal for individuals looking to maximize their earnings with a tenure of 400 days.

Interest Rates for Mahalaxmi Deposit Scheme

1. 400 Days – 7.50% p.a.

For a deposit term of 400 days, the Mahalaxmi Deposit Scheme offers a competitive interest rate of 7.50% per annum. This plan is perfect for individuals who want to grow their savings over a little more than a year, while still ensuring a healthy return.

2. 400 Days – 8.00% p.a. (for deposits of ₹1 Lakh and above)

For customers investing ₹1 lakh or more** in the Mahalaxmi Deposit Scheme for 400 days, a higher interest rate of 8.00% per annum is offered. This is a great option for those with larger savings, as it allows for more substantial growth in a short time frame.

Who Should Opt for the Mahalaxmi Deposit Scheme?

- Short-term Investors: If you're looking for a higher return in a period of just over a year, this scheme is tailored for you.
- High-Value Depositors: With an enhanced interest rate of 8.00% for deposits of ₹1 lakh and above, this plan is ideal for those looking to invest larger amounts and earn better returns.
- Risk-Averse Individuals: The scheme provides guaranteed returns, making it a safe and secure investment option.

Key Benefits of the Mahalaxmi Deposit Scheme

- Higher Returns in a Short Time: Benefit from higher interest rates with a fixed tenure of just 400 days.
- Attractive Rate for Large Deposits: Earn up to 8.00% p.a. for deposits of ₹1 lakh and above.
- Secure Investment: As a fixed deposit, your principal amount is secure, and the interest is assured.
 

By offering competitive rates and a secure return on investment, the Mahalaxmi Deposit Scheme is a great choice for those looking to grow their funds within a fixed and relatively short duration.