Mahalaxmi Bikas Bank launches Kramik Bachat deposit account for its customers; to provide interest yield of 12% with minimum balance of just Rs 1000
Mahalaxmi Bikas Bank has launched Mahalaxmi Kramik Bachat saving product promising the yield of FD product in its saving product.
As per the media statement, customers can open this account with just Rs 1000 and can deposit their principle amount any time for which the bank will pay back the 12% interest quarterly, as per the media statement.
The bank currently has 103 branches serving its 6 lakhs customers, as per the media statement.
