Multi Finance as a fully backed subsidiary of Fairway Holdings, geared to offer higher guaranteed return on investment through flexible terms & conditions.
Beside the core range of products attractive Fixed Deposit rates are made available ranging from 1 moth to 5 years. Multi Finance is reputed with an unblemished track record with trust & confidence built upon through 4 decades in the hearts and minds of its' customers.
We vouch the best secured & stable path for your future through our fixed deposits.
Benefits in depositing with MFPLC:
- Higher interest rate
- Security guaranteed on trust built over four decades
- Personalized service
- Investment advisory service
FIXED DEPOSIT RATES
| Period | Monthly (p.a) | A.E.R. | Maturity (p.a) | A.E.R. |
|---|---|---|---|---|
| 01 month | - | - | 7.80% | 8.08% |
| 03 month | 8.00% | 8.30% | 8.30% | 8.56% |
| 06 month | 8.18% | 8.49% | 8.50% | 8.68% |
| 12 month | 10.95% | 11.52% | 11.50% | 11.50% |
| 13 month | 10.95% | 11.52% | 11.50% | 11.45% |
| 15 month | 10.95% | 11.52% | 11.50% | 11.34% |
| 24 month | 11.60% | 12.24% | 12.25% | 11.58% |
| 36 month | 12.05% | 12.74% | 12.75% | 11.40% |
| 48 month | 12.05% | 12.74% | 12.75% | 10.85% |
| 60 month | 12.50% | 13.24% | 13.25% | 10.70% |
Savings Accounts interest rates will be applicable as follows:
- Suraksha - 7.00% p.a.
- Muthuhara - 7.50% p.a.
Senior Citizens above 60 years are eligible for an additional 0.5% above the standard rates for 01 year or more FDs.
Released on 8th January 2020
A.E.R – Annual Effective Rate
