7%
Interest Rate
Boost Your Savings with Muthoot Vehicle & Asset Finance Ltd.
Muthoot Vehicle & Asset Finance Ltd. proudly offers Cumulative Deposits schemes to our customers. With Cumulative Deposits, your interest is compounded and added to the principal amount, helping your savings grow significantly over time.At Muthoot Vehicle & Asset Finance Ltd., we adhere strictly to the guidelines set by the Reserve Bank of India (RBI) for accepting deposits. Our deposit schemes are designed to offer you secure and reliable investment options while ensuring compliance with the latest RBI regulations.
Why Choose Our Cumulative Deposits?
Enhanced Savings: Earn more with compounded interest, increasing your overall returns.
Convenient: Hassle-free investment option for those looking to maximize their savings.
Trust and Reliability: Benefit from Muthoot's long-standing legacy and commitment to customer satisfaction.
Higher Yield: Enjoy increased earnings with compounded interest.
Start your Cumulative Deposits today and watch your wealth grow with Muthoot Vehicle & Asset Finance Ltd.!
One of the safest investment options available.
You can gain a higher rate of interest than on a regular term deposits.
Interest is compounded at quarterly rests per annum payable on maturity.
Deposits can be closed prematurely in case of emergency *
As per Income Tax ACT 1961 interest earning on your FD up to Rs.5000/- is exempted.
Loan Against FD available up to 75 % of the deposit amount*
Deposit schemes are rated by CRISIL is “A/Stable”
Deposits are accepted as regulated by RBI on time to time.
*Conditions as specified in the Deposit Application| Period | Flat rate | Maturity Value
(for Rs. 100,000/-) |
|---|---|---|
| 36 Months | 8.75% | Rs. 129650.00/-(9.88%) |
| 60 Months | 8.85% | Rs. 154910.00/-(10.98%) |
Regular monthly deposit
Tenure
* The maturity amount may vary based on the number of days and the selection of schemes and interest withdrawals.
* T&C Applicable

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