Pearl Deposit
reinvestment plan with quarterly interest payment
Learn more about the popular TMB Pearl Deposit Scheme from TMB.
This is among our most popular deposit plans where in the interest can be drawn / transferred to any operative account at every quarterly / half yearly / yearly periods. Loans against such deposits are provided. Deposits can be made for periods ranging from 12 months to 10 years.
Product Highlights:
- Amount can be deposited for a fixed period with interest withdrawal option.
- Account can be opened for a minimum period of 12 months to 120 months.
- Nomination facility is available.
- Compound interest is eligible and it can be withdrawn once in 3 / 6 / 9 / 12 months.
- Premature closing is allowed, subject to penalty.
- Standing instructions for payments / deposit accounts transfer are accepted.
- Loans can be obtained against the deposit amount.
Deposit Rate of Interest:
Deposit Maturity / Interest Payout Calculator:
Under our TMB Pearl Deposit Scheme, an investment in various periods of deposit of the principal for withdrawal of interest in quarterly / half yearly / annual periods will earn an approximate interest as per the table below.
Interest Payout Table:
| Duration [For Deposit of Rs. 1,000] | Int. Rate | Qrtrly. | H. Yearly | Annually |
|---|---|---|---|---|
| ||||
| 3 years - 10y | 5.75% | Rs. 14.38 | Rs. 28.96 | Rs. 58.75 |
| 2 years < 3 years | 5.90% | Rs. 14.75 | Rs. 29.72 | Rs. 60.32 |
| > 20m 20d - < 2 years | 6.00% | Rs. 15.00 | Rs. 30.22 | Rs. 61.36 |
| 20 months 20 days | 6.00% | Rs. 15.00 | Rs. 30.22 | Rs. 61.36 |
| > 1y to < 20m 20d | 6.00% | Rs. 15.00 | Rs. 30.22 | Rs. 61.36 |
| 1 year | 5.90% | Rs. 14.75 | Rs. 29.72 | Rs. 60.32 |
Download the Application Form:
