SCHEME-FIXED DEPOSIT


HWCTCSL - FD

A fixed deposit is a financial product offered by HWCTCSL to help you earn higher rate of interest on your savings than a regular savings account. It is a kind of savings account that pay you a fixed rate of interest on your savings for investing them for a stipulated duration decided by HWCTCSL. As the name suggest, these are deposits for fixed tenures. You cannot withdraw them prior to maturity. But with advanced notification to HWCTCSL and paying a penalty fee, you can withdraw your fixed deposits. You can invest in fixed deposits for varying tenures at different interest rates, and earn added benefits on your savings, which are given below.

Plan FS-1 FS-3 FS-5 FS-6 FS-7.5 FS-9 FS-18
Redemption Period 1 Years 3 Years 5 Years Double
Benefit
Plan
6 Years
Dhan
Varsha
Yojana
7.5 Years
Triple
Beneit
Plan
9 Years
Child
Future
Plan
18 Years
Principal Value Maturity Value
1000 1115 1423.8 1842.5 2000 2500 3000 10000
2000 2230 2847.6 3685 4000 5000 6000 20000
3000 3345 4271.4 5527.5 6000 7500 9000 30000
5000 5575 7119 9212.5 10000 12500 15000 50000
10000 11150 14238 18425 20000 25000 30000 100000
25000 27875 35595 46062.5 50000 62500 75000 250000
50000 55750 71190 92125 100000 125000 150000 500000
100000 111500 142380 184250 200000 250000 300000 1000000