Fixed Deposit

A Fixed Deposit A/c may be opened by any person, individual, a minor, a firm, company, trust and senior citizens.

• Fixed Deposit
  • Deposits are accepted for fixed period.
  • Nomination facility is available.
  • Simple interest is eligible, depending upon the period of deposit.
  • Monthly/Quarterly interest on deposits.
  • Interest can be withdrawn in option monthly / quarterly.
  • Premature closing is depends on the scheme, subject to penalty if any.
  • Loans can be obtained depends on the scheme, against the deposit amount.
  • Standing instruction is accepted for transferring the interest.
  • Auto renewal option is available.