Fixed Deposit

Fixed Deposit

  • Term deposit scheme is an attractive scheme to deposit your savings for fix period for 31 days to 60 Months as per your future requirements.
  • We provide attractive Interest Rates to our Customers from time to time.
  • Guardian can open Minor's Term deposit A/c. When minor turns major then at maturity he/she can withdraw the amount with his/her signature, after providing valid age proof.
  • We offer nomination facility for all deposit accounts.
  • We provide quarterly Interest payment to our customers on their existing Fix Deposits as per their instruction & RBI guidelines.
  • Loan and Overdraft facility is available against Term deposit receipt.
  • The maturity date of Loan and Overdraft Account against Fix Deposit is maturity date of Fix Deposit Receipt.
  • TDS on Interest rupees 10,000 income will be deducted as per Income Tax Act.
  • We are member of Deposit Insurance and Credit Guarantee Scheme [DICGC] in which customers deposit are insured up to Rs. 1 Lac.
  • Bank's recived form 15G & 15H individual,trust & co-operative society account.
  • Against fix deposit loan senction 95% & interest rate 1% more to deposit interest rate.

Rules & Regulation for Fix Deposit

  • Depositor has to fulfill KYC norms as per RBI directive.
  • Customer can Open Fix Deposit A/c with minimum of Rs.1000/-
  • Guardian can open Minor Fix Deposit A/c. When minor turn major then after providing valid age proof he/she can withdraw the amount with his/her signature.
  • No penalty charges in premature withdrawal of deposit.
  • All rights reserved to the Bank's management to Change the Interest Rate of the Fix Deposit Scheme without prior notice. Change of Interest rate will be applicable to new & renew deposits only.
  • The Bank having rights of appropriation, set off, lien and change the rules and regulation for the scheme.

Requirements to Fix Deposit

Valid Photo I.D.(Any One) Address Proof (Any One)
Adhar Card Adhar Card
Pan Card Electricity Bill (not more than 6 months old)
Voter ID Card Municipal Tax Bill
Pass Port Gas Bill  / Telephone Bill :Latest
College / School ID Card Latest LIC Primium Receipt
Government / Semi Government ID Card Other Bank Passbook
  • Passport Size Photograph 2 Copies
  • Birth Certificate for minor account
  • Introduction From Existing account Holder