One of the easiest ways to watch your money grow is through a solid reinvestment plan. The Reinvestment Plan is among the best of its kind in the market today, with quarterly compounding interest and automatic renewal facilities. This is a term deposit which reinvests all earned dividends, capital gains, and interest back into buying units or shares, rather than paying out in cash.
PROVIDENT FUND SCHEME @ 9% PER ANNUM | |||||
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Deposit Amount | Total No. of Months | Amount Deposited | Interest Rs. | Amount Payable Rs. | |
200/- | 60 Months | 12,000/- | 2,745/- | 14,745/- | |
500/- | 60 Months | 30,000/- | 6,862/- | 36,862/- | |
1,000/- | 60 Months | 60,000/- | 13,725/- | 73,725/- | |
2,000/- | 60 Months | 1,20,000/- | 27,450/- | 1,47,450/- |