Learn more about the latest fixed deposit TMB PORKUVIAL Deposit Scheme from TMB.
For all those with an eye on long term safe and sound investment with guaranteed appreciation of your deposits, here is a great new scheme that offers the highest rate of interest on deposits for a fixed period of 10 years.
The existing scheme TMB Porkuvial Deposit will cease to exist from December 2018.
An investment of Rs. 1,000.00 for 120 months will fetch you interest at 5.50% p.a. compounded quarterly and will give you a maturity value of around Rs. 1,727.00. The Effective Annualized Returns works out to 5.614% p.a.