Term Deposits

The Term deposits are generally called as fixed deposits and are accepted for any period ranging 15 days to 10 years with attractive interest rates. Any number of Term Deposit Accounts can be opened with a minimum amount of Rs.100/- with auto renewal facility. All individuals singly or jointly or a minor represented by the Guardian, HUF, Legal business entities, Companies, Clubs, Trusts and Government Departments can open the accounts. Standing instructions, nomination auto renewal and premature closure facilities are available. The current rates of interest offered by the bank for the various products the interest rates table may be referred.

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