Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you know exactly what your investment is worth.
Individuals (singly or jointly), Minor by guardian, Organizations, Co-op. Societies.
Duly filled in Account Opening Form with valid residential proof, PAN Number, 1 photograph and introduction by existing account holder of the Bank.
| Sr. No. | Type of Deposit | Senior citizens & Staff |
|---|---|---|
| 1 | 07 Days to 30 Days | 3.25% |
| 2 | 31 Days to 90 Days | 5.50% |
| 3 | 91 Days to 180 Days | 6.25% |
| 4 | 181 Days to Into 13 Month | 6.75% |
| 5 | For 13 Month's | 8.55% |
| 6 | Above 13 Month to Into 24 Month | 7.75% |
| 7 | Above 24 Month to Into 36 Month | 7.75% |
| 8 | Above 36 Month to Into 60 Month | 7.75% |
| 9 | Above 60 Month to Into 120 Month | 7.50% |
