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Money Back Plan MBP
Money Back Plan MBP
• Minimum Investment – Rs.1000/- (in multiples of Rs.100/-)
• Maximum period for MBP Plan is 5 years
• Amount for Money Back will be paid on 13th 25th 37th and 49th Month
• Installment is to be done on or before 20th day of the month
• No closure before maturity
• Maximum period for MBP Plan is 5 years
• Amount for Money Back will be paid on 13th 25th 37th and 49th Month
• Installment is to be done on or before 20th day of the month
• No closure before maturity
| Period | Amount Carried Forward | Accumulated Amount (per year) | Money Back Amount |
| 12 Months | NILL | 12000 | 7500 |
| 24 Months | 4500 | 12000 | 7500 |
| 36 Months | 9000 | 12000 | 7500 |
| 48 Months | 13500 | 12000 | 7500 |
| 60 Months | 18000 | 12000 | 7500 |
Note: Above calculation is based on the Deposit of Rs.1000/- Per Month
