MTB has a number of special scheme deposit products, which are the major source of long term deposit of the bank. That also helps the bank in treasury management. MTB Quarterly Benefit plan is one of the major deposit product and the depositor will get quarterly interest against deposited amount. It will ensure future security of the investor.
|Principal Amount (for example)||Rate of Interest||Period||Monthly Benefit (before Tax)||Monthly Benefit (after deduction Of Tax @ 10%)||Monthly Benefit after Tax @ 15%|