Senior Citizen Deposit

Senior Citizens who have completed the age of 60 years can open the deposit account under any of the above Deposit schemes by providing age proof for the first time only . Joint account can also be permitted provided the first named person should be the Senior Citizens. Other facilities like loan, nomination etc will be applicable for deposits of Senior Citizens also.

Area of operation

The product is available at all branches of the Bank.

    Senior Citizen Accounts may be opened under :-
  • Term Deposites.
  • Fixed Deposites
  • Recuring Deposites.
  • Mahanagar Bank Tax Saver Scheme, NRE Deposits are not eligible categories.

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