Fixed Deposit

• Fixed Deposit scheme is an attractive scheme to deposit your savings for fix period for 15 days to 05 years as per your future requirements.
• We provide attractive Interest Rates to our Customers from time to time.
• We offer 0.50% extra Interest Rate to Senior Citizens(Age 60 or above)on Fixed Deposits of more than 1 year period and above.
• Guardian can open Minor’s Fixed Deposit A/c. When minor turns major then at maturity he/she can withdraw the amount with his/her signature, after providing valid age proof.
• We offer nomination facility for all deposit accounts.
• We provide quarterly, half yearly, yearly Interest payment to our customers on their existing Fixed Deposits as per their instruction. We also provide monthly intrest as per RBI guidelines.
• Loan and Overdraft facility is available against Fixed Deposit receipt.
• The maturity date of Loan and Overdraft Account against Fixed Deposit is maturity date of Fixed Deposit Receipt.
• TDS on Interest income will be deducted as per Income Tax Act.
• We are member of Deposit Insurance and Credit Guarantee Scheme [DICGC] in which customers deposit are insured up to Rs. 1 Lac.