Deposit Period: 24 Months
Rate of Interest: 7.00 % p.a. (Effective yield on maturity: @ 7.44%)
Key Features of Yuva Thev Yojana
Minimum Deposit: ₹10,000/- and above
Interest Type: Cumulative
Interest Payment: Interest is added to the principal
Amount is paid only on maturity
Quarterly or Annual interest payout is not allowed
Eligibility: up to 25 years of age (If minor required Guardian account)
Premature Withdrawal: Allowed as per RBI guidelines / directions
Nomination Facility: Nomination facility is available