NRB Welfare Deposit Pension Scheme (WDPS)
A secure pension plan for NRBs to build long-term savings with fixed monthly deposits for 3, 5, or 7 years.
| 3 Years Tenure | 5 Years Tenure | ||||
|---|---|---|---|---|---|
| Monthly installment | Maturity Amount | 5 Yrs. Monthly Repayment | Monthly installment | Maturity Amount | 7 Yrs. Monthly Repayment |
| 5000/- | 2,08,909.00 | 4,435.00 | 5000/- | 3,87,185.00 | 7,170.00 |
| 7000/- | 2,92,473.00 | 6,210.00 | 7000/- | 5,42,060.00 | 10,040.00 |
| 15000/- | 6,26,727.00 | 13,310.00 | 15000/- | 11,61,556.00 | 21,515.00 |
- Any NRBs of 18 years or more can open this account.
- The NRB must have a valid residence visa/work permit/trade license abroad or related documents.
- Any NRBI beneficiary of NRB or jointly can open the account.
- No extra benefit for advance payments.
- Installment deadline: 10th of each month.
- Late fee: 2% of monthly installment.
- Failing three (3) consecutive installments, the account will be closed.
- Government excise/tax at source etc. applied.
- 2 passport-size photos.
- Valid passport (with visa page), NID for beneficiary.
- Nominee photo (attested).
- Proof of overseas residence (if available).
- Address Proof: (If Any) - Resident Permit/Work ID.
