Aakash Gold Loan

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Money Plant Scheme

For senior citizens with 13.2% tax-free interest

What is the Money Plant Scheme?

The Aakash Money Plant Scheme is a deposit-based savings plan designed to provide assured returns with flexible tenure and payout options. Preferred by senior citizens and available to other eligible individuals, it focuses on steady income and capital safety, making it a reliable option for planned savings and long-term financial stability.

How does the Scheme Work?

  • Select a suitable Money Plant Scheme.
  • Deposit the amount with required documents.
  • Receive interest as per the chosen payout option.

Why Money Plant Scheme?

The Aakash Money Plant Scheme is designed with transparency, flexibility, and customer security in mind. With clearly defined plans, assured returns, and convenient payout options, it offers a dependable savings solution backed by a trusted financial service provider.

Key Benefits

  • Assured interest based on selected scheme.
  • Multiple tenure options to suit different needs.
  • Monthly, annual, or maturity-based payouts.
  • Simple documentation and clear terms.

Scheme Details

Term of Deposit

AGL MP 1

Tenure: 0 Year to 1 Year

Interest: 12% per annum

Payout Options: Monthly / Annually / Upon Maturity

AGL MP 2

Tenure: 1 Year to 3 Year

Interest: 13% per annum

Payout Options: Monthly / Annually / Upon Maturity

AGL MP 3

Tenure: 3 Year to 5 Year

Interest: 14% per annum

Payout Options: Monthly / Annually / Upon Maturity

AGL MP 4

Tenure: 5 Year to 7 Year

Interest: 15% per annum

Payout Options: Monthly / Annually / Upon Maturity

AGL MP 5

Tenure: 6 Year to 7 Year

Interest: 12% per annum

Payout Options: Monthly / Annually / Upon Maturity

13.2% Tax-free interest

A secure savings scheme offering fixed returns with flexible tenure and payout options, suitable for planned income and long-term savings.

High Returns 12% Per Annum

Fixed interest rates structured to provide stable returns and consistent income over time.

100% Safe & Trusted

Structured with documented terms and verified processes to ensure security and peace of mind.

Flexible Duration Options

Choose from short- or long-term plans tailored to different savings goals and time horizons.

Monthly / Quarterly Payouts

Interest credited at regular intervals or on maturity, depending on the payout option selected.

FAQs

Who can apply for the Money Plant Scheme?

The scheme is specially designed for senior citizens and is also available to other eligible individuals, subject to verification and applicable terms.

What is the interest rate offered?

The scheme offers fixed interest returns based on the selected tenure, with enhanced benefits available for senior citizens.

How will the interest be paid?

Interest can be credited monthly, annually, or at maturity, depending on the chosen payout option.

Is a nominee facility available?

Yes. Customers can add nominee details during enrollment to ensure secure benefit transfer.

What documents are required to join?

Valid ID proof, basic KYC documents, and bank account details are required to enroll in the scheme.

Can the deposit be closed before maturity?

Pre-closure may be allowed as per scheme terms and applicable conditions. Customers are advised to contact the branch for detailed information.