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Download the Moni App on the
Per Annum Interest rates:
3-5months: 24%
6-11 months: 26%
12 months: 28%
It is a plan where you can lock up money away for a fixed period of time. It’s like a fixed deposit account and the rewards are higher as the discipline required to keep money away for a while is a lot.
These are fees you pay to withdraw from your plans before the maturity date and it is deducted from the amount withdrawn
- First withdrawal: 2.5%
- Second withdrawal: 3.5%
- Third withdrawal: 5%