Fixed Deposits

Bank Providing Deposit Account with feature of automatic compounding of accrued interest which yields higher returns, making your investments grow faster. Ideal for planning your future financial commitments.

Eligibility

A Fixed Deposit Account can be opened by Individuals/Minors/Institutions/Associations/ Registered Co-op. Societies/Trusts/HUFs.

Features & Benefits

  • Minimum initial deposit amount is Rs.500/- with no Ceiling for the maximum deposit amount
  • Deposit Period ranges from 30 Days to 10 years
  • Individual Deposit /Joint Deposit /Deposit in the name of Minors with guardian can be made
  • The depositor desires to have interest payment on quarterly / half yearly or yearly basis, he should mention this in the Account Opening Form while opening the account. The Bank will take note of this and pay the interest amount accordingly
  • Additional Interest Rate for senior citizen
  • Nomination facility is available
  • Loan can be granted up to 80% of the deposit amount against the pledge of Deposit as per existing norms
  • In case of payment before maturity there will be 1% deduction

Officially Valid Documents

Two latest passport size photographs and any one of the officially valid documents as Identity and Address proof from the list below,

  • Aadhar Card
  • PAN Card
  • Voter’s Identity Card
  • Driving License
  • Passport
  • Ration Card
  • Electricity Bill
  • Telephone Bill
  • NREGA Job Card
  • Pension Payment Order

Click here for Deposit Interest Rates