Main Logo
Online Account OpeningeBankingNIBL ACE CAPITAL
Green Double Fixed Deposit
  • Details
  • Features
  • Benefits
Product Overview
NIBL Green Double Fixed Deposit

NIBL's Green Double Fixed Deposit Account (GDFD) was introduced with the objective of soliciting small Fixed Deposit of individuals (salaried employees, professionals and others) to encourage long term savings and to increase long term deposits. It aims to cater to the saving need of the small depositors who aims to invest in long term saving for double return. Cumulative Fixed Deposits are best suited for investors who do not need a regular interest payout, but would want more returns on their Fixed Deposits.

  • Cumulative nature (Capitalizing of interest amount into Fixed Deposit and providing interest on such capitalized interest amount to provide double the amount of investment after applicable taxes at the time of maturity)
  • 6 years / 24 quarters tenure
  • Deposits collected under GDFD will be invested in sustainable and enviornment friendly projects through Eco-Loan
  • For Interest rate, please Click Here

Long term saving for Long term security

Get more benefits with NIBL GDFD account
  • Multiple GDFD account can be opened
  • Credit card with 50% waiver on Issuance charge
  • Loan against GDFD account can be extended up to 100% of GDFD amount  after one and half year. However, before one and half year, loan against GDFD up to 90% of GDFD amount can be facilitated
Subscribe to get our newest offers