Financial support to the farmers for meeting the short term needs in crop production.

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Recurring Deposit

General features of DOMESTIC DEPOSIT SCHEMES :

  • For Domestic Term Deposits, Tax Deduction at Source is applicable, if the interest income for the financial year exceeds 10,000/- for the customer, unless he/she produces PAN card and Tax exemption certificate/ Form 15G/H.
  • Nomination is require_onced for all accounts.

Recurring Deposit :

  • Make saving habit a rewarding recurring experience.
  • Ideal for convenient savings. Enables to build up a sizable capital in a regular and systematic way.
  • Amount of Deposit

  • As low as Rs. 50/- per month (in multiples of Rs.50/-) No ceiling on maximum limit.
  • High Returns

  • Attractive rates as applicable from time to time. Interest compounded every quarter.
  • Liquidity

  • Closure before maturity permissibleLoan against deposit permissible

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