Fixed Deposit Account
Info | Details |
ELIGIBILITY | Individual, Joint (not more than 4), a Guardian on behalf of a minor, HUF, Partnership, a Company, Association or any other Institution. |
INVESTMENT | Minimum - Rs.100/- Maximum - No ceiling |
PERIOD OF DEPOSIT | Minimum 46 days Maximum 120 months |
INTEREST RATE | Depending upon the period of the deposit as prevailing from time to time. |
PERIODICITY OF INTEREST PAYMENT | Monthly (at discounted rates), Quarterly, Half-yearly or Annual intervals as per depositor's choice |
NOMINATION FACILITY | Available |
LOAN FACILITY | Available upto 80% of the deposit amount |
PENALTY FOR PRE-MATURE CLOSURE | Penal cut is Minus 1% (-1%) of Interest Applicable for the Period in which the Withdrawal is Made |
APPLICATION & DOCUMENTS | Application Form , Photograph of depositor/s (2 copies) , Proof of address as per KYC Norms , Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF etc |