Introduction of “Ind-Swagath” Term Deposit for New-to-Bank Customers

Bank has launched “Ind-Swagath” an Online Term Deposit for New Customer. The product will be available to our Tech Savvy Customers through our Bank’s website for opening of Term Deposit (MMD only) using the specially curated link.

The benefits of “Ind-Swagath” are as mentioned: 

• No requirement of a Savings Bank Account to open the Digital Term Deposit.
• Complete Online Account opening process with no paperwork involved.
• Instant opening of e-Term Deposit (MMD only) up to Rs. 90,000 with OTP based KYC.
• Instant funding of e-Term Deposit (MMD only) by the Customer using UPI channel.
• Best in the class Interest rates with tenures from 181 days to exactly One year.