Fixed Deposit Account

Highlights

  • Rate of Interest is 8% per annum.
  • Rs. 1,000 is the minimum deposit.
  • No Limit for maximum deposits.
  • Deposits in multiples of Rs. 1,000.
  • Any number of deposits can be made by one person.
  • Loan facility can be availed in case of emergency.
  • Nomination facility available. Children can be nominee too.
  • In case of death of the depositor, Principal plus interest due will be paid to the nominee/ heir.
  • Ideal for meeting future needs e.g. Marriage, Children Education, Purchase of Vehicle, etc.
  • No Tax Deduction at source.