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Muthukuvial Fixed Deposit

This is among our most popular reinvestment plans earning a higher rate of interest on your savings. Further, loans against such deposits are provided. Deposits can be made for periods ranging from 12 months to 10 years Nomination facility is also available.

  • Account can be opened with a minimum deposit of Rs. 1,000 and in multiples of Rs. 1,000
  • Deposit amount is accepted for the minimum period of 12 months and for a maximum period of 120 months in completed quarters
  • Compound interest is eligible, depending upon the period of deposit
  • Standing instruction is accepted for transferring the interest
  • Nomination facility is available
  • Premature closing is allowed, subject to penalty
  • Loans can be obtained against the deposit amount

Deposits can be made for periods ranging from 12 months to 10 years