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Term Deposit

Term Deposit

  • Attractive schemes to deposit your money for period of 30 days to 5 years as per requirements

    • Attractive Interest Rates
    • Extra 0.5% interest rate to Senior Citizens (Age of 60 or above)on
      term deposits of more than 180 days period and above
    • Guardian can open account in name of minor
    • Nomination facility available for all deposit accounts
    • Monthly or quarterly interest payment facility as per scheme as may be applicable
    • Loan and Overdraft facility is available against deposit
    • TDS on Interest income will be deducted as per Income Tax Act
    • Member of Deposit Insurance and Credit Guarantee Scheme (DICGC)
      in which customers deposit are insured up to Rs. 1 Lac.