MVFL has been authorized by RBI to accept deposits and Offers Three different types of Deposits - FIXED DEPOSITS,CUMULATIVE DEPOSITS & RECURRING DEPOSITS.
* Company offers deposits schemes which are rated by
   Credit Rating Agency ICRA and presently having a rating
   'MA'.

* Deposits are subjected to prevailing RBI Rules and
   Regulations .

* Deposits can be made in Joint names.

* As per RBI instructions deosits are accepted only on
   compliance with KYC (Know Your Customer) norms.

To comply with the Know your customer guidelines by the Reserve Bank Of India, first applicant should provide a copy of any one of the following photo identity proof for identification and proof of residential address.
* Election Card
* PAN Card
* Passport.
* Driving License.

































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FIXED DEPOSITS are accepted for a minimum of Rs.5,000/- and in multiples
of Rs.1,000/- and the interest is payable either annually or monthly.

DEPOSIT SCHEME


CUMULATIVE DEPOSITS are accepted for a minimum of Rs.5,000/- and in multiples of Rs.1,000/- for two tenors of 36 months and 60 months.
(*Yield / 1000)

DEPOSIT SCHEME


RECURRING DEPOSITS are accepted with a minimum monthly deposit of Rs.200/-and in multiples of Rs.100/-.Initial deposit can be made on any day of the month and subsequent monthly instalments should be made before the corresponding dates of the succeeding month

(* Maturity Value For Rs.100/-)
DEPOSIT SCHEME













 

 

 

 

 




       
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