BOP Kissan Dost Term Deposit
This is a PLS Saving Bank deposit product designed to encourage saving habits in farmers especially during the wheat and cash crop seasons for short term. All the farmers are eligible to invest in Kissan Dost scheme who are eligible to open saving account as per bank’s criteria. The term account can be opened singly or jointly.
Salient Features
This is a Fixed Deposit scheme
Minimum amount of investment is Rs.100,000/-
No limit for maximum amount
Product is available in short term placement periods of 6-Month and 1-Year
Best profit rates being offered in the market
Payment of profit is at Maturity alongwith principal
Upto 90% Financing Facility as per bank’s policy in vogue.