Learn more about the Flagship Reinvestment Scheme from TMB.
As the title suggests, you get the highest interest rate in the shortest possible span of time viz. 20 months and 20 days. Yes, in this scheme you get upto 6.50% p.a. interest rate for senior citizens and 6.00% p.a. interest rate for all others.
The deposit is open to all individuals, including Joint account holders and Minors, Proprietorship concern, Partnership firm, Companies, Trusts, Associations, Clubs, Educational institutions, Charitable institutions, Public institutions and Statutory bodies and Non-Resident Ordinary Citizens.