Green Deposit Schemes: All You Need To Know

Outlook Money

What Is the Green Deposit Scheme?

A green fixed deposit, also referred to as an environmentally friendly fixed deposit, is a financial tool that promotes sustainable development.

Green Deposit Scheme

Benefits of Green Deposits

These deposits have a good environmental impact. By supporting projects that deliver substantial environmental benefits, investors through this scheme directly support global sustainability efforts.


Moral Satisfaction

Investors get satisfaction from the fact that their investments are aligned with higher values of environmental protection and moral responsibility.


Offer A Wide Range Of Objectives

For matured investors, green deposits fulfil a wide range of objectives such as environmental, social, and corporate governance (ESG).


Competitive Interest Rates

Green savings accounts come with competitive interest rates. Hence it’s a myth that they have low returns. Moreover, it promotes corporate responsibility. Green storage leads to sustainable practices.


Associated Risks

Green fixed deposits are associated with some risks related to financing projects, such as technical issues or regulatory changes.

Compiled by Syed Muskan