RDB – Jaya Nidhana Certificates
This is a product of RDB which attract customers of all economic levels. This is a certificate which gives the face values amounting to LKR 5,000.00, LKR 10,000.00, LKR 25,000.00, LKR 100,000.00, LKR 500,000.00, LKR 1,000,000.00. Mainly this product aims to enhance the fixed deposit portfolio of the Bank to provide a helping hand to specially develop the small scale entrepreneurs in the country. A special feature of this product is that customers can deposit their money at discounted value in terms of face value (future value) after maturity. RDB Jaya Nidhana accounts can be opened as individual and jointly for personal deposits only.
|
Yield p.a. 7.75% |
Term 1Year |
|
Face Value (Rs.) |
Selling Price (Rs.) |
|
5,000/- |
4,640/- |
|
10,000/- |
9,281/- |
|
25,000/- |
23,202/- |
|
100,000/- |
92,807/- |
|
500,000/- |
464,037/- |
| 1,000,000/- |
928,074-/ |