20:20 Deposit Account

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TMB 20:20 Deposits Account

Account can be opened with a minimum deposit of Rs 1,000

Deposits can be made for a period of 20 months and 20 Days

Key Features

Account can be opened with a minimum deposit of Rs 1,000 and in multiples of Rs 1,000 and no maximum

Nomination facility is available

Interest payment frequency – Monthly / Quarterly

Premature closing is allowed, subject to penalty

Loan facility up to 90 % will be made available as per the Bank's extant guidelines

Deposits can be made for a period of 20 months and 20 Days