SAVINGS DEPOSIT
⤑ Minimum Balance Rs.500/- to be maintained.
⤑ Interest at 4% P.A on daily balance will be credited Quarterly.
⤑ Any Branch Banking facility available
⤑ ECS direct debit and credit facility
⤑ CTS cheque facility available
⤑ Direct member of clearing house
⤑ Personalized cheque book facility is available across all the branches.
RECURRING DEPOSIT SCHEME
⤑ Invest Rs. 1,380/- per month for 60 months
Maturity Amount Rs. 1,00,588/-
For Senior citizen Rs. 1,01,929/-
⤑ Invest Rs. 13,800/- per month for 60 months.
Maturity Amount Rs. 10,05,878/-
For Senior citizen Rs. 10,19,294/-
Terms & conditions:
⤑ Invest in multiples of Rs. 1400/-
⤑ Maturity amount are subject to TDS Deduction
⤑ Loan facility can be availed as per the existing scheme
⤑ Other conditions are as per the existing recurring deposit scheme
RECURRING DEPOSIT-MONTHLY
⤑ Investor can deposit monthly a fixed amount in an account for a fixed period on monthly basis.
⤑ Interest will be credited quarterly rests.
⤑ Accounts can be opened by Individuals, firms, trusts, HUF etc
⤑ Loan facility available
⤑ Nomination facility available