We have detected that you are using an outdated browser. Using your current browser will prevent you from accessing all features of our website. An upgrade is required to improve your browsing experience. Use the links below to download a new browser or upgrade your existing browser.



Online Banking user please click here Online Banking
0
  Add to Favourite
  1. No favourites yet!
Increase text size Restore default font-sizes Decrease text size

Millionaire Account

Gives you the confidence

to achieve your goals

Millionaire Account provides you the opportunity to invest a fixed amount monthly, over a short period and be a Millionaire at the end of your deposit period.

 



Your goals in life change every so often and with each new goal, your priorities change to reap the best in life. Owning your own vehicle, gaining a higher degree in education, a beautiful wedding to suit your tastes are just some of your greatest aspirations.

But have you saved enough to achieve these goals?

 

The Essentials

  • Selectable investment period spanning from 2 to 6 years

  • Ability to receive any amount starting from Rs.500,000/- (In multiples of Rs.500,000/-)

  • Instant loan upto a maximum of 75% of the account balance

  • Depositors are eligible to make nominations

 

We, at Commercial Bank understand your needs and we know how important each goal in your life is.

We now offer you Millionaire Account. You can invest a fixed amount monthly, over a short period and be a Millionaire at the end of your deposit period.

 

Your Millionaire Account

You have the opportunity to invest in a fixed monthly amount over a period of 2, 3, 4, 5 or 6 years.

According to your requirement, you can receive any amount starting from Rs.500,000/- (in multiples of Rs.500,000/-).

The monthly amount that you need to deposit will vary depending on the investment period and the amount which you expect to receive.

Example :

Investment 

Period 

  

Monthly Deposit Amount (Rs.)

For
Rs.0.5 Mn

For
Rs.1 Mn 

For
Rs.2.5 Mn

For
Rs.5 Mn

For
Rs.10 Mn

2 Years 

19,360 

38,720 

96,800 

193,600 

387,200 

3 Years 

12,450 

24,900 

62,250 

124,500 

249,000 

4 Years 

9,010 

18,020 

45,050 

90,100 

180,200 

5 Years 

6,950 

13,900 

34,750 

69,500 

139,000 

6 Years 

5,580 

11,160 

27,900 

55,800 

111,600 

 

In the event of an unexpected demise, the nominee (nominated by the account holder) will receive the amount invested to date together with accrued interest.

Terms & Conditions apply
Product information and terms & conditions are subject to change from time to time.
Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.

 

Open an account

What you need to have

If you are aged 18 years or above, you can start investing in the Millionaire Account.

What you need to bring

National Identity Card, Driving License or Passport

How to apply

Download application form and submit the filled form to any Commercial Bank branch

Apply now

Download