DHFL Aashray Deposit Plus offers attractive interest rate and yields high returns. Highest degree of safety is assured and timely service is offered. The account holder also gets insurance cover of Rs.1 lakh for single and first depositor in case of joint account.
To open DHFL Aashray Deposit Plus, you must be:
| Account type | Joint or single accounts are offered to:
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| Period and Amount |
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| Rate of interest | Applicable interest rate will be levied on the deposits schemes. | ||||||||||||||||
| Interest payments | Interest payments are made through ECS. | ||||||||||||||||
| Repayments | Through cheque, RTGS or NEFT. | ||||||||||||||||
| Renewals | Fixed deposits will be renewed from the date of maturity at the prevailing rate. If renewal is received within 6 months of maturity, FDR value date will be the deposit maturity date and not the date of receiving request from branch. If renewal request is received after 6 months from maturity date, the value date of the deposit that is renewed will be on which FDR and renewal request was received at the branch. The interest rate will be the prevailing rate on the date the FDR was received at the branch. If renewal request is received after 6 months from maturity, then the interest won’t be payable for the period between the date of maturity and renewal. | ||||||||||||||||
| Nomination | Nomination facility is available. | ||||||||||||||||
| Loan | Against individual deposit you will get up to 75% of the deposit amount as loan. |
Rate of Interest offered by DHFL Aashray Deposit plus Scheme for Individual, Trust and Double My Money are listed below:
| DHFL Aashray Deposit plus Individual(Cumulative Deposit) | ||
|---|---|---|
| Tenure | Minimum Deposit | Rate of Interest(Less than Rs 50 Lacs) |
| 12 months | Rs 2000 | 8.50% |
| 14 months | Rs 10000 | 8.75% |
| 24 months | Rs 2000 | 8.75% |
| 36 months | Rs 2000 | 8.75% |
| 40 months | Rs 2000 | 8.90% |
| 48-120 months | Rs 2000 | 8.75% |
| Tenure | Minimum Deposit | Rate of Interest(Rs 50 Lacs and above) |
| 14 months | Rs 10000 | 9.00% |
| 24 months | Rs 2000 | 9.00% |
| 36 months | Rs 2000 | 9.00% |
| 40 months | Rs 2000 | 9.15% |
| 48-120 months | Rs 2000 | 9.00% |
| DHFL Aashray Deposit plus Individual(Non-Cumulative Deposit) | ||||
|---|---|---|---|---|
| Tenure | Rate of Interest(less than Rs 50 Lacs) | |||
| Monthly | Quarterly | Half Yearly | Yearly | |
| 12 months | 8.10% | 8.20% | 8.30% | 8.50% |
| 14 months | 8.35% | 8.40% | 8.55% | 8.75% |
| 24 months | 8.35% | 8.40% | 8.55% | 8.75% |
| 36 months | 8.35% | 8.40% | 8.55% | 8.75% |
| 40 months | 8.50% | 8.55% | 8.70% | 8.90% |
| 48-120 months | 8.35% | 8.40% | 8.55% | 8.75% |
| Tenure | Rate of Interest(Rs 50 Lacs and above) | |||
| 12 months | 8.35% | 8.45% | 8.55% | 8.75% |
| 14 months | 8.60% | 8.65% | 8.80% | 9.00% |
| 24 months | 8.60% | 8.65% | 8.80% | 9.00% |
| 36 months | 8.60% | 8.65% | 8.80% | 9.00% |
| 40 months | 8.75% | 8.80% | 8.95% | 9.15% |
| 48-120 months | 8.60% | 8.65% | 8.80% | 9.00% |
Additional rate of interest of Privilege Customers: 0.25%
Note: Privilege customers include Armed forces personnel, senior citizens, DHFL SME Loan / Home Loan / Mortgage Loan borrowers.
Minimum deposit for earning interest on a monthly basis with the Non-Cumulative Scheme is Rs 20,000. The minimum deposit for any other non-cumulative scheme is Rs 1,000.
| DHFL Aashray Deposit – Trust(Cumulative Deposit) | ||
|---|---|---|
| Tenure | Minimum Deposit | Rate of Interest |
| 13 months | Rs 50000 | 8.75%(below Rs 50 Lacs) |
| 13 months | Rs 50000 | 9.00%(Rs 50 Lacs and above) |
| DHFL Aashray Deposit – Trust(Non-Cumulative Deposit) | |||||
|---|---|---|---|---|---|
| Tenure | Deposit Amount | Rate of Interest | |||
| Monthly | Quarterly | Half Yearly | Yearly | ||
| 13 months | < Rs 50 Lacs | 8.35% | 8.40% | 8.55% | 8.75% |
| 13 months | >= Rs 50 Lacs | 8.60% | 8.65% | 8.80% | 9.00% |
Note: Minimum deposit for earning interest on a monthly basis with the Non-Cumulative Scheme is Rs 20,000. The minimum deposit for any other non-cumulative scheme is Rs 1,000.
| DHFL Aashray Deposit Plus - Double My Money | ||
|---|---|---|
| Minimum Deposit (for Cumulative Scheme) | For Deposit Amount < Rs 50 Lacs | For Deposit Amount Rs 50 Lacs and above |
| Cumulative | Non-Cumulative | |
| Rs 10000 | 98 Months for deposits up to Rs 50 Lacs 95 Months for deposits of Rs 50 Lacs and above | |
Note: No additional benefits.
DHFL offers individual, trusts and institutes and double my money scheme.
The lowest period is 12 months and the highest period is 120 months.
Yes, loan can be availed against DHFL Aashray Deposit plus individuals. The loan amount that can be sanctioned is up to 75% of the deposit amount.
Yes, nomination facility is available.
Interest is paid through ECS.
Repayments are made through cheque or RTGS or NEFT.
If you are a senior citizen, widow, Armed forces personnel, DHFL loan or SME loan or Mortgage borrower you will get additional earnings.
Updated on 22 September ‘16
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