"Deposits can be made between 12 months to 120 months."
Key Features
Loans can be obtained against the deposit amount
Deposits can be made maximum to the period of 10 years
Nomination facility is available.
Overview
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.
Product Highlights
Deposits are accepted for fixed period
Nomination facility is available
Compounding interest is eligible, depending upon the period of deposit
Premature Closing is allowed, subject to penalty if any
Loans can be obtained against the deposit amount
Standing instruction is accepted for transferring the interest
Period of Deposits
"Deposits can be made between 12 months to 120 months."
