Fixed Deposit (FD)

• Individual
• Joint
• Either or Survivor
• A Guardian on behalf of a minor
• HUF
• Partnership
• A Company
• Association
• Co –operative Institutions
• Any other Institutions

• Minimum - Rs.1000
• Maximum - No ceiling

• Minimum 31 days
• Maximum 120 months

Depending upon the period of the deposit as prevailing from time to time.Visit our Deposits Interest rate Page Click here

• Monthly (at discounted rates applicable)
• Quarterly / Half Yearly
• On maturity as per depositors choice

0.50% Extra for SENIOR CITIZENS (60 Years & above) for the deposits of all periods.

0.50% Additional Rate of interest on Single rupee term deposits of Rs.1.00 Crore & above invested for a period of One year and above.

Margin to be maintained based on residuary period of deposit (available period from the date of loan to the date of maturity of deposit)

The rate of interest chargeable on the Loans shall be 2% more than the rate of interest payable on the term deposits for General Public & 1% More in case of for Senior Citizen.Maximum period 1 year/ 12 months for Over Draft Facility against term deposits

• In case of payment before maturity Interest up to 30 days will be Nil
• Above 30 days, 1% less than applicable rate of Interest for the actual period for which deposit is kept with the Bank.

Deposit shall be renewed automatically for a similar period on the date of maturity at the rate of interest applicable for the period as on the date of maturity, in the absence of any renewal instructions well in advance.

If a Term Deposit matures and proceeds are unpaid, the amount left unclaimed with the Bank shall attract rate of interest as applicable to saving account or the contracted rate of interest on the matured Term Deposit, whichever is lower or as per RBI guidlines charges from time to time.

• Application in the Banks’ prescribed form.
• Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card).
• Recent 2 Photograph .
• Proof of Identity and address as per KYC Norms.
• Any other related documents as applicable to proprietor ship concern, Partnership Firm, Company, HUF, Co –operative Institutions, etc..