Earn a higher rate* of interest than a regular savings account with our Fixed Term Deposit Account.
Now, deposit and earn returns from your home/office through our doorstep service.
Individuals and groups are eligible for a recurring fixed deposit:
Enjoy attractive interest rates
Receive interest monthly, quarterly or at maturity
Tenures ranging from 46 days to 10 years
Pre-mature withdrawal facility
Automatic renewal facility
Overdraft facility against term deposit
Extra rate of interest of 0.50% for senior citizens
Loan facility up to 90% of principal
Deposit / Investment Amount
Minimum - Rs. 5,000 | Maximum - No maximum limit
Minimum – 46 days | Maximum - 10 years
In case of premature closure:
1% below the rate of interest applicable for the period that the deposit has run
A deposit account can also be opened by depositing cash or transferring funds from savings accounts and current accounts.
Keep investments in fixed deposits to meet your future needs.
A deposit can be accepted for a period of 46 days to 10 years
You can just walk into any branch of our bank.
Interest can be paid on a monthly/quarterly/half yearly/yearly basis
Tax is deducted at source from the interest accrued on the fixed deposit as per the Income Tax Act 1961
Yes, Senior citizens will get benefits in the form of higher interest rates as per our policy
Yes, a nomination facility is available in the name of individuals