- 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