Fixed Deposit
Open A Fixed Deposit With Us
Fixed Deposits are investment instruments offered by Banks where you can deposit money for a higher rate of interest than savings accounts.
More Details:
Deposit for period of 15 days and above.
Interest normally paid monthly, quarterly, half yearly and yearly.
Premature withdrawal permitted with applicable penalty.
Fixed deposits can be closed prematurely with interest upto the date of closing by paying the 1% premature closure charge additionally.
Interest rate applicable for completed periods.
Loan upto 90% of the deposit, with interest 1.5% above the deposit rate.
Nomination facility available.
Period
General
Senior
15-45 Days
6%
6.5%
46-90 Days
6.5%
7%
91-179 Days
7.25%
7.75%
180-364 Days
7.5%
8%
1-2 Years below
8.25%
8.75%
2 Years & Above
8%
8.5%