Regular
Regular FD Account will have the following features:
Features
Salient Features
- Reinvestment option available
- Lien can be marked on specific request.
- Nomination facility available
- Joint account available
- Overdraft / Loan against FD available
- Auto renewal facility available
- Multiple amount deposit option available
- Premature closure allowed with applicable penal cut
- FD statement to be made available on request
- TDS certificate will be issued
Interest
Interest pay out frequency:
-
- Quarterly
Interest pay out option on discounted value:
-
- Monthly
Interest Rate:
-
- As per Tariff / Rate Card
- Differential interest rate for senior citizens
- Differential interest rate above INR 1 Cr
- Differential interest rate (Non-premature closure for FDs > INR 15 Lakhs)
Basic Features
Minimum deposit amount:
-
- INR 1000/-
- Multiples above the min. amount: INR 1000/-
Tenure:
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- 7 days to 10 years