Term Deposits

NORMAL FIXED DEPOSIT:

FEATURES:

o    Interest payable quarterly
o    Borrowing up to 90% of the deposited amount
o    Coverage of Individual Accidental Death Insurance: 2 times of deposited amount or Rs. 5,00,000 whichever is less

SPECIAL FIXED DEPOSIT *:

               * Conditions apply

 FEATURES:

o    Interest payable quarterly
o    Borrowing up to 90% of the deposited amount


ACE RHINO FIXED DEPOSIT:

FEATURES:

o    Interest rate:                         7.25% per annum (Accrual daily, payable at maturity)
o    Deposit amount:                   Rs. 10,000 (minimum) and multiples of Rs. 10,000
o    Minimum deposit term:         182 days
o    Borrowing up to 90% of the deposited amount

ACE RHINO FIXED DEPOSIT PRIVILEGE:

FEATURES:

o    Interest payable quarterly
o    Borrowing up to 90% of the deposited amount