• Individual/Two or more persons in their joint names.
• Co-operative Societies, Registered Trust, Institutions and Associations etc
• By a natural guardian Note for all above schemes :-
• Rate of Interest will be as per RBI directive & as per Bank policy from time to time.
• Premature withdrawal of term deposit is allowed subject to prevailing bank rules.
• Renewal is carried out at the rate of interest prevailing on the date of maturity provided overdue period does not exceed 14 days from the date of maturity.
• Where a receipt gets matured and overdue period exceeds 14 days, interest would be paid as per interest rate applicable to Savings Bank deposit provided the depositor renews the deposit for a further minimum period as per bank clause. If not renewed then in such case no interest will be paid.
• Loan against Term Deposit is given immediately as per prevailing rules.
• TDS is whenever applicable.
• Auto renewal facility Available.
*Condition apply.
