Thursday Dec 12, 2024
Saturday, 8 October 2011 00:05 - - {{hitsCtrl.values.hits}}
Another first in the history of banking, NDB Bank introduced its breakthrough ‘Rattharan Savings’ product across the country. The pioneering product offers a unique feature in which customers can reserve gold at today’s price and obtain gold for the future.
‘Rattharan Savings’ enables customers to acquire gold over a period of time by paying in installments, of 12, 18, and 24 months respectively. Customers can reserve gold coins or biscuits at today’s price and at the end of the stipulated time period have the unique advantage of owning gold at today’s price.
This product is ideal for those who want to invest in gold or give gold as a gift to their children or loved ones. ‘Rattharan Savings’ serves as an ideal solution to all those who are looking for future investments but are hindered by the financial disability.
24 karat Gold coins of 7.77 grammes and biscuits of 100 grammes can be selected and customers will receive guidance on how to make investments according to various requirements.Once the customer makes the 1st installment based on the particular day’s selling price of gold (inclusive of bank charges) he/she can obtain a gold entitlement certificate.
This ground-breaking-product will be available to customers at all NDB Bank branches island-wide.