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Term Deposits

Capital Gains

Interest Application Method and Periodicity of calculation of interest is same as that of ordinary SB account / Term deposit…

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Term Deposits: Means a deposit received by the Bank for a fixed period withdrawable only after the expiry of the…

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Recurring Deposit

Interest Application Quarterly compounding Salient Features A regular monthly savings grow into a large sum to meet the financial needs…

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IB Tax Saver Scheme

Interest Application Quarterly even on monthly basis with a discount or on maturity Salient Features In order to cater to…

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Money multiplier Deposits

Interest Application Quarterly compounding Min Amt Minimum amount – Rs.1000/- and in multiples of Rs.100/- No maximum amount Min Period…

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Fixed Deposit

Interest Application quarterly or monthly basis with a discount Salient Features A time deposit for a fixed period to earn…

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Variable Recurring Deposit

Interest Application Quarterly compounding Salient Features A recurring deposit scheme with the option of varying the monthly installments is called…

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Short Term Deposits

SCHEME Term deposits repayable after an agreed period fixed at the time of deposit with interest payment on maturity of…

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Motor Accident Claim Tribunal Deposit(MACAD) Scheme

SCHEME ·       Two new products have been created on the lines offered by other banks and as suggested by the…

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IB Golden Ager – Term Deposit Product for Super Senior Citizens

Name of the Product “IB – Golden Ager” – A Special Term Deposit Account for Super Senior Citizen” Nature of…

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IND Non-Callable Deposit

Bank has launched a new term deposit product “IND NON –CALLABLE DEPOSIT” which is a  term deposit product wherein premature…

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