Soneri Nigehban Term Deposit is an “investment-for profit” product for customers with a vision to provide free Life Insurance equivalent to their investments. (Subject to terms and conditions) along with high return on their investment. Profit pay-out shall be made on monthly basis in linked Current or Savings Account. Rates being offered are designed to be market competitive and free life insurance cover of up to Rs. 5 Million is arranged with TPL Life.
This term deposit shall be linked to a current or savings account offering the same facilities as existing Soneri Current or Savings Account. However, following add on facilities shall also be offered: