Term Deposit

FD Multibenefit Scheme

Who can Open the Account?

  • Individual (singly or jointly) with others.
  • Minor who have attained the age of 10 years and above in his/her own name on giving proof of age. Minors below the age of 10 years under guardianship of Natural/legal guardian.
  • Proprietorship/Partnership firm Commercial Organization, Company/ Corporate Body.
  • Hindu Undivided Family

Minimum Amount

  •  Minimum Deposit Rs 1000/- and thereafter in multiples of Rs 1000/.

SALIENT FEATURES OF THE ACCOUNT.

  • Wide range of tenure ranging from 7 days to 10 years.
  • Attractive interest for various tenures of Deposit.
  • Premature Withdrawal in the multiples of Rs 1000.
  • Avail of loan facility upto 90 % of Prinicipal and accrued interest.
  • Facility of Automatic Renewal.

NOMINATION

  • Nomination of Single nominee whether held solely or jointly.