NDB Savings Planner helps aspire financial goals
NDB Savings Planner, a unique savings proposition introduced by NDB, aims to foster financial discipline amongst those who aspire to reach their future goals while conveniently investing for a secured future.
This unique savings proposition assures a greater return with a higher than normal savings interest rate, offering the customer the option of depositing an agreed monthly sum for an agreed maturity value. NDB Savings planner offers the distinctive advantage of establishing an end target value of choice. The maturity/target value can range from Rs.250,000 to Rs.10 million with tenures ranging from one to 10 years.
This long term commitment will have no withdrawals. The NDB Savings Planner is tailor made to suit the customer’s requirements and to make the most of their savings. With the option of depositing an initial lump sum the customer is only required to maintain a lesser monthly commitment to reach their chosen target value.
While focusing on an investment, customers can also assist their children to reach significant savings milestones. NDB Savings Planner is an ideal solution for parents who wish to make the most of their savings for their little ones. NDB Savings Planner also offers a minor savings option where the parent or the guardian can save for their child’s future goals. Parents can make a simple monthly deposit and allow this deposit to grow where one can derive a higher interest than most minor saving products available in the market.
The customer can also be up-to-date and watch their savings mature through the NDB e-statements and the NDB mobile banking app.
From its inception, the NDB Group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy.