Fixed Deposit

Fixed Deposits are regular interest earning scheme. A convenient deposit scheme which ensures that your money never remains idle. Even very small amounts earn interest for very short periods..

1. Salient features of the scheme are:

(a) Minimum deposit Rs. 1000
(b) Deposits accepted for periods ranging from 15 days to 120 months.
(c) Premature withdrawal of deposit is permitted any time subject to payment of prescribed Bank charges.
(d) Loans available of the deposit amount depending on the length of the unexpired period of the deposit.
(e) Nomination facility available.
(f) The rates of interest on deposits are as fixed by the Bank from time to time.
(g) Premature Payment of Term Deposits- Interest to be paid on premature withdrawal of term deposits at 1.00{3f6fc27b7d854a6d11d1a3aff0be80f521428168aac3c68744a82bcc1a5c181a} below the rate applicable for the period deposit has remained with the Bank.

* Conditions Apply