Deposit Account

Fixed Deposit Account
Invest Today For Secured Tomorrow

Investment today is source of income tomorrow

Term Deposits popularly known as Fixed Deposits are long term investment tools that help investors save lump sum at an agreed rate of interest for a fixed tenure. It is the most rational and safest means to invest, returns on Fixed Deposit are assured and there is no risk in loss of Principal amount deposited by the account holder.

Features and Benefits

  • Higher Interest Rates
  • Minimum Amount – Rs 5000, No Maximum
  • Tenure from 30 days to 60 Months
  • Fixed Deposit Certificate Issued
  • Nomination Facility
  • SMS Alerts
  • No TDS deduction
  • Auto Renewal Facility
  • Interest Payout – Cumulative, Monthly, Quarterly
  • Premature Withdrawal allowed
  • Loan Facility available upto 75% on the deposit

Eligibility

  • An Individual in his/ her name
  • More than one person jointly
  • A Guardian on behalf of minor in the minor’s name
  • Clubs, Associations, Trusts

Documentation

  • Application Form
  • KYC as per NORMS
  • Deposit Amount (Cash / Cheque / Transfer)
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