Features & Benefits

• Deposits can be opened for period of 777 days and 1111 days.
• Accounts can be opened for minimum Rs. 50,000/- and Maximum Rs.99,99,999/-
• Deposits can be opened with options of Fixed deposits or cumulative deposits.
• Senior citizen shall be eligible for applicable preferential rate of interest up to Rs.15 Lakhs.
• Staff members and ex-staff members will be eligible for applicable preferential rate.
• Premature closure is allowed at any point of time with a penalty @ 1% on the applicable rate of interest for the corresponding period for which the deposit remained with the bank.
• Loans against deposit are allowed upto limits prescribed on the basis of the residual maturity period, with interest @ only 2% above deposit rate.
• TDS applicable as per the extant IT guidelines
• Nomination facility is available.
• Auto renewal facility available.