Fixed Deposit

Fixed Deposits are accepted for a minimum amount of Rs.500/- with minimum period of 1 year and a maximum period of 120 months. No ceiling for maximum amount of deposit. Interest due can be paid monthly(at discount value), quarterly, half yearly, yearly or at maturity according to the choice of the depositor. Interest payable on Fixed Deposit can also be transferred to Savings Bank or Current Account of the customer. Facilities for loan, foreclosure, nomination etc. are available.

Area of operation

The product is available at all branches of the Bank.