Deposits can be made between 15 days to 120 months.
Key Features
Interest can be withdrawn monthly/ Quarterly
Loans can be obtained against the deposit amount
Overview
This is among our higher interest bearing savings scheme where in deposits can be made between 15 days to 120 months. Loans against such deposits are also provided. Interest can be withdrawn monthly / quarterly.
Product Highlights
Deposits are accepted for fixed period
Nomination facility is available
Simple interest is eligible
Premature Closing is allowed, subject to penalty if any
Loans can be obtained against the deposit amount
Interest can be withdrawn in option monthly / quarterly
Standing instruction is accepted for transferring the interest
Period of Deposits
Deposits can be made between 15 days to 120 months.
