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Fixed Deposit Accounts

  • Short Term Fixed Deposit Accounts
  • Fixed Deposit with Monthly / Quarterly Interest
  • Cumulative Fixed Deposit
  • Sarvmangal Deposit Scheme ( Recurring Deposit )
  • Short Term Fixed Deposit Accounts
    •  Account can be opened with a minimum of Rs.1000/-
    •  Minimum period is 30 days and can be opened for 364 days.
    •  Interest is paid along with principal amount on maturity.
    •  Loan can be granted up to 85% of the deposit amount against the pledge of Deposit Receipt in case of need.
    •  Convenient for parking the short term surplus from 30 days to 1 year.
    •  To know about our current Interest Rates, please Click here
  • Fixed Deposit with Monthly / Quarterly Interest
    •  Account can be opened with a minimum of Rs.1000/- or any amount fixed by Bank from time to time
    •  Minimum period is one year.
    •  Maximum period is 120 months or any period decided by Bank from time to time.
    •  Interest due will be paid on Monthly / Quarterly basis.
    •  Loan can be granted up to 85% of the deposit amount against the pledge of Deposit Receipt in case of need.
    •  The depositor desires to have interest payment on Monthly / Quarterly , he should notify this instruction in the Account Opening Form while opening the account. The Bank will take note of this and pay the interest amount accordingly.
    •  Convenient scheme to meet the periodical expenses for Sr. Citizens
    •  To know about our current Interest Rates, please Click here
  • Cumulative Fixed Deposit
  • Sarvmangal Deposit Scheme
    •  Period of Scheme is 10 Years
    •  Account can be opened with a minimum of Rs.500/- or any amount in multiple of Rs.500/- fixed by Bank from time to time
    •  Recurring Deposit Amount to be paid monthly before 10th of the Month
    •  Delayed payment of Installment attracts penalty @ Rs.5 per hundred Minimum period is one year.
    •  Maximum period is 120 months or any period decided by Bank from time to time.
    •  Interest due will be compounded on quarterly basis.
    •  Loan can be granted up to 85%of the deposit amount against the pledge of Deposit Receipt in case of need with rate of interest @1 % more than Deposit Rate.
    •  Premature Closure of Account will attract penalty @1% and interest will be paid for the period for which deposit is kept and Interest Rate applicable when deposit was kept.
    •  To know about our current Interest Rates, please Click here