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News and Updates |
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Based on needs of depositor following deposits schemes are available.
- Monthly interest payments – (Discounted Rate)
- Quarterly interest payments – (Simple Rate)
- Principle with interest on maturity – (Compounded quarterly interest)
- Monthly installment payment – Recurring Deposits
- Auto Renewal of Deposit
- Cash Certificate Deposit Scheme
Requirements :
- Account opening form
- Photo (colour)
- ID Proof – PAN Card, Pass Port, Driving License, Voter ID Card, ID card issued by any Institute or any other document issued by Authorities.
- Address Proof - Pass Port, Driving License, Voter ID Card, Telephone Bill or any other document issued by Authorities.
- Introduction by existing satisfactory operated account holder
- Nomination Facility available
- Bank Deposits upto Rs.5.00 lac per individual insured with DICGC.
- In case of
| Minor |
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Birth Certificate |
| Partnership- |
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Partnership Deed |
| HUF |
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HUF Letter |
| Company |
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AOA & MOA and Resolutions |
| Society , Club, Trusts |
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By- laws and Resolutions |
Term Deposits Interest Rate Tables
(Interest rates - subject Change)
| PERIOD |
RATE OF INTEREST |
| 30 Days - 180 Days |
4.00% |
| 181 Days - 1 Year |
4.50% |
| Above 1 Year - 2 years |
7.50% |
| Above 2 Years - 5 Years |
8.00% |
| Above 5 Years |
7.75% |
- Registered Charitable Trusts and Senior Citizen are eligible to 0.50% extra on table rate, subject to submission of proper proof
- Before Maturity payment of deposit – Applicable Rate REDUCED BY 2%
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