Term Deposits
Fixed Deposit
Interest Application quarterly Salient Features A time deposit for a fixed period to earn interest with easy liquidity Min Amt…
Re-investment Plan
Interest Application Quarterly compounding Min Amt Minimum amount – Rs.100/- and in multiples of Rs.100/- No maximum amount Min Period…
Insured Recurring Deposit
Eligibility RD account holders of the age group 18 to 55 years as on the date of opening. Salient Features…
Variable Recurring Deposit
Interest Application Quarterly compounding Salient Features A recurring deposit scheme with the option of varying the monthly installments is called…
IB Tax Saver Scheme
Interest Application Quarterly Salient Features In order to cater to the needs of depositors who wants to avail tax benefit…
Recurring Deposit
Interest Application Quarterly compounding Salient Features A regular monthly savings grow into a large sum to meet the financial needs…
Deposit Scheme For Senior Citizens
Interest Application Quarterly Min Amt Minimum amount Rs.1000/- Maximum amount – Rs. 50000000/- Min Period 15 days to 10 years…
Facility Deposit
Interest Application Rate of interest as applicable to other term deposits Salient Features A time deposit with built in Over…
Capital Gains
Interest Application Method and Periodicity of calculation of interest is same as that of ordinary SB account / Term deposit…
TERMS AND CONDITIONS-TERM DEPOSIT ACCOUNT
Term Deposits: Means a deposit received by the Bank for a fixed period withdrawable only after the expiry of the…