Atlas Bank today introduced a new product called 'Profit First' - term deposits account that offers profit to customers in advance. The new product offers customers profit of Rs 16,125 upfront for every Rs 100,000 deposited for 18 months.
The profit is credited to a separate account and customers can withdraw the profit using their complimentary chequebook and ATM card at their convenience. With 'Profit First' customers have the flexibility of depositing their funds for 18, 15 and 12 month tenures while they enjoy the profit right away without having to wait for the tenure to end.-PR