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 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 of Single nominee whether held solely or jointly.