Fixed Deposit

•  Fix deposit scheme is availabale for fix period from 15 days to 3 years.
•  We provide attractive Interest Rates to our Customers. For More Details.

Customer can open two types of fixed deposit account.

• 1. Monthly/Quaterly interest payout : Customer can get interest monthly or quaterly basis.
• 2. Reinvestment : Customer can reinvest their interest in deposit.
• TDS on Interest income will be deducted as per income tax act. Know More about 15G/H.
• No penalty interest on premature withdrawal of deposit.
• We offer 0.50% extra Interest Rate to Senior Citizens on fix deposits (Simple interest) for more than 1 year deposit.
• Guardian can open Minor's Fixdeposit A/c. When minor turns major, He/She can operate the account with his/her signature after producing valid KYC documents.
• We offer nomination facility for all deposit accounts
• Customer can open joint name fix deposit account and can give instruction to operate the account.
• We provide quarterly, half yearly, yearly Interest payment option to our customers for their existing Fix Deposits as per their instruction.
• Loans and Overdraft facility is available on Fix deposit account. The Loan or Overdraft amount can be 85% to 90% of the Deposit Amount
• The maturity date of Loan and Overdraft Account against Fix Deposit is maturity date of Fix Deposit Receipt.
• We are member of Deposit Insurance and Credit Guarantee Scheme in which customers deposit are insured up to Rs. 5 Lakh.
• Partnership firms