Interest & Maturity Disbursement Options

What choices do clients purchasing annual-pay investments have for receiving their annual interest payment?


Either

 

a) transfer interest annually to existing Canadian Dollar Personal Savings Account with ICICI Bank, opened upon request, or ,

b) cheque made payable to account holder will be sent to the account holder

What happens to the maturity cheque at the end of the term?


Either

 

a) transfer to an existing Canadian Dollar Personal Savings Account with ICICI Bank, opened upon request, or,

b) cheque made payable to account holder sent to Financial Representative