Fixed Deposit

A Fixed Deposit A/c may be opened by any person, individual, a minor, a firm, company, trust and senior citizens.

• 1.Deposits are accepted for fixed period.


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• 2.Nomination facility is available.


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• 3.Simple interest is eligible, depending upon the period of deposit.


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• 4.Monthly/Quarterly interest on deposits.


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• 5.Interest can be withdrawn in option monthly / quarterly.


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• 6.Premature closing is depends on the scheme, subject to penalty if any.


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• 7.Loans can be obtained depends on the scheme, against the deposit amount.


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• 8.Standing instruction is accepted for transferring the interest.


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