Your goals in life change every so often and with each new goal, your priorities change to reap the best in life. Owning your own vehicle, gaining a higher degree in education, a beautiful wedding to suit your tastes are just some of your greatest aspirations.
But have you saved enough to achieve these goals?
The Essentials
-
Selectable investment period spanning from 2 to 6 years
-
Ability to receive any amount starting from Rs.500,000/- (In multiples of Rs.500,000/-)
-
Instant loan upto a maximum of 75% of the account balance
-
Depositors are eligible to make nominations
We, at Commercial Bank understand your needs and we know how important each goal in your life is.
We now offer you Millionaire Account. You can invest a fixed amount monthly, over a short period and be a Millionaire at the end of your deposit period.
Your Millionaire Account
You have the opportunity to invest in a fixed monthly amount over a period of 2, 3, 4, 5 or 6 years.
According to your requirement, you can receive any amount starting from Rs.500,000/- (in multiples of Rs.500,000/-).
The monthly amount that you need to deposit will vary depending on the investment period and the amount which you expect to receive.
Example :
|
Investment
Period
|
Monthly Deposit Amount (Rs.)
|
|
For
Rs.0.5 Mn
|
For
Rs.1 Mn
|
For
Rs.2.5 Mn
|
For
Rs.5 Mn
|
For
Rs.10 Mn
|
|
2 Years
|
19,360
|
38,720
|
96,800
|
193,600
|
387,200
|
|
3 Years
|
12,450
|
24,900
|
62,250
|
124,500
|
249,000
|
|
4 Years
|
9,010
|
18,020
|
45,050
|
90,100
|
180,200
|
|
5 Years
|
6,950
|
13,900
|
34,750
|
69,500
|
139,000
|
|
6 Years
|
5,580
|
11,160
|
27,900
|
55,800
|
111,600
|
In the event of an unexpected demise, the nominee (nominated by the account holder) will receive the amount invested to date together with accrued interest.
Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time.
Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.
