Hello, Sir. So, you are back?
Yes, hello again. I would like to know the exact difference between Dividend Deposit and Dividend Participated Deposit.
That's pretty easy to explain. With the Deposit, the interest is fixed, but the Dividend of each policy will be transferred automatically into your bank account by the end of each year. The longer the term, the higher the Dividend you earn. This is because it is calculated at the Compound Interest Rate.
And I can purchase that here?
Yes. And if you already have a Current Account with us, the Insurance Premium can be paid through it, which saves all of us a lot of hassle.