Premium Investment Plan (PIP)

With the PIP strategy, you invest a fixed sum every month. Investment is made for a specific period ranging from 6 months to 120 months in multiples of three-monthly intervals viz. 9, 12, 15 months and so on. Interest is compounded on a quarterly basis Investment matures on a specific date in the future along with all the deposits made every month. Payroll deductions/ Bank standing order payment options possible. Suitable as hybrid savings/investment account. Ideal for accumulation of capital for business expansion and pension planning.