Services

Fixed Deposit Schemes

Following are the features of Fixed Deposit Schemes :

1. Monthly Interest Scheme

Features : Invest lumpsum amount and get Monthly interest to meet your regular needs.
Period : Minimum 12 months, Maximum 120 months
Interest will be paid at discounted rate as per RBI guidelines

2. Quarterly Interest Scheme

Features : Invest lumpsum amount and get Quarterly interest to meet your periodical needs.
Period : Minimum 12 months, Maximum 120 months

3. Half Yearly Interest Scheme

Features : Invest lumpsum amount and get Half Yearly interest to meet your periodical needs.
Period : Minimum 12 months, Maximum 120 months

4. Cumulative Interest Deposit - Vidya Vachan Patra

Features : Invest lumpsum amount and get amount with interest on maturity. Interest compounded quarterly.
Period :
Minimum 12 months, Maximum 120 months

5. Short Term Deposit

Features : Invest lumpsum amount for the short period and get amount with interest on maturity.Auto Renewal facility available. Period : Minimum 15 days, Maximum 364 days. Auto renual facility is available.

Note :

  • Rate of Interest will be as per RBI directives and as per Bank’s policy from time to time.
  • Premature withdrawal of Term Deposit is allowed subject to prevailing rules of Bank.
  • Loan against Term Deposit is given immediately as per prevailing rules.

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