Here at NLF we have a wide range of Term Deposit Accounts with highly competitive interest rates. Save faster and earn a great return for your investments, maximizing your wealth. Choose a term to suit you and your business needs from 1 month to 5 years.
The Significance of our Fixed Deposit Product:
Note - Changes in Senior Citizen with effect from 02.10.2020 and application of Senior Citizen rate will be subject to the following conditions
*Age limit - over 60 years * Applicable rate - 0.5% * Applicable FD Period 12 months and above * For Individual FD - Customer's age should be above 60 years
*For Joint FD - All parties should be over 60 years
Interest on Fixed Deposits (with effect from 01-APR-2021 )
| Period | Interest Rate (Maturity) | Interest Rate (Monthly) | ||
|---|---|---|---|---|
| Int_Rate | AER | Int_Rate | AER | |
| 01 Month | 5.21% | 5.34% | -- | 0.00% |
| 03 Months | 5.46% | 5.57% | 5.32% | 5.45% |
| 06 Months | 5.71% | 5.79% | 5.56% | 5.70% |
| 12 Months | 7.21% | 7.71% | 6.95% | 7.71% |
| 13 Months | 7.21% | 7.69% | 6.95% | 7.71% |
| 15 Months | 7.21% | 7.64% | 6.95% | 7.71% |
| 18 Months | 7.21% | 7.57% | 6.95% | 7.71% |
| 24 Months | 7.96% | 8.13% | 7.64% | 8.45% |
| 36 Months | 8.46% | 8.25% | 8.11% | 8.96% |
| 37 Months | 8.46% | 8.23% | 8.11% | 8.96% |
| 48 Months | 8.46% | 7.96% | 8.11% | 8.96% |
| 60 Months | 8.96% | 8.05% | 8.57% | 9.46% |
*Additional 0.50 % Will Be Eligible for Senior Citizen ( 60 Years Above)
Tel :
011 4 760 800E-Mail :
info@nlfplc.com
