FIXED DEPOSIT ACCOUNT
- ELIGIBILITY : Individual, Joint (not more than 4), a Guardian on behalf of a minor, HUF, Partnership, a Company, Association or any other Institution.
- INVESTMENT : Minimum - Rs.1000/- Maximum - No ceiling
- PERIOD OF DEPOSIT : Minimum 6 months to Maximum 120 months
- INTEREST RATE : As mentioned below
- PERIODICITY OF INTEREST PAYMENT : Monthly (at discounted rates), Quarterly, Half-yearly or Annual intervals as per depositor's choice
- NOMINATION FACILITY : Available
- LOAN FACILITY : Available up to 80% of the deposit amount
- PENALTY FOR PRE-MATURE CLOSURE : No penal cut.
- APPLICATION & DOCUMENTS : Application Form , Photograph of depositor/s (2 copies) , Proof of address as per KYC Norms , Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF etc
INTEREST RATE ON FIXED DEPOSITS ACCOUNT
- 01 to 06 Months - 09.00%
- 07 to 12 Months - 12.00%
- 13 to 18 Months - 12.00%
- 19 to 24 Months - 12.50%
- 25 to 36 Months - 13.00 %
- 37 to 48 Months - 13.00 %
- 49 to 60 Months - 13.00 %
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