Earn higher returns with secure, reliable, and flexible deposit options.
Our Fixed Deposit Schemes ensure capital safety and predictable returns, making them ideal for long-term financial planning and wealth preservation.
Two or more individuals in their joint names with suitable repayment instructions
Clubs, societies, associations, educational institutions, trusts, firms, partnership concerns, joint stock companies, executors, and administrators
Fixed Deposit accounts can be opened with a minimum deposit of ₹1000/-
The depositor must submit an application in the prescribed form along with the required documents
Deposits are accepted for periods ranging from a minimum of 15 days to a maximum of 10 years, as per the customer’s choice
Interest on Fixed Deposits shall be paid at rates applicable for the respective period, in accordance with Reserve Bank of India rules/directives/guidelines, and as fixed by the Bank from time to time
Monthly interest payment may be allowed, if requested by the depositor
Deposits are accepted for periods ranging from a minimum of 15 days to a maximum of 10 years, as per the customer’s choice
The depositor may close the Fixed Deposit account before maturity
In such cases, interest shall be paid at 1% less than the rate applicable for the period for which the deposit remained with the Bank
The total amount of overdue deposits or part thereof may be renewed from the date of maturity to a future date
The renewal must be for a minimum period of 15 days beyond the date of renewal
Renewal must be made within 15 days from the date of maturity
Interest shall be payable at the rate applicable on the date of maturity of the original deposit and only on the amount renewed
Depositors may avail a loan up to 80% of the deposit amount
Interest on such loans shall be charged at 1% above the rate of interest applicable on the deposit
Fixed Deposit accounts may be transferred from one branch of the Bank to another only after maturity, at the request of the depositor
A prescribed nomination application must be obtained from the depositor, and necessary entries shall be recorded in the Bank’s records
