Growth together is Growth that is better we make sure that your money multiplies by giving you customised solutions. While you enjoy the growing years of your child, your money grows too!
Term Deposit scheme to suit your requirement and future plan. You can not only earn higher income on your surplus funds by investing in any of our term deposit schemes, but also avail loan against those funds. Thus fulfill your need, multiply your funds as well as keep your savings secure.
Individual - Single / Joint account
Minor - Operated by natural guardian / appointed by court
Trust - Private / Public
Partnership firm
Limited company - Private / Public
Club, Association & Society
Duly completed account opening form
Pan card /FORM 60- if, no Pan card
Proof of Residence of the applicant(s)
Proof of Photo Identification of the applicant(s)
Proof of Age in case of senior citizen
One recent passport size color photographs of Partner(s) / Director(s)
Introduction by an existing customer, whose account is at least 6 months old OR
Introduction letter of your existing bank verifying signature
Submit Partnership deed with Registration receipt in case of Partnership firm
Submit Memorandum of Association, Article of Association, Resolution in case of Company
Board Resolution / Resolution in case of a company, an association
Monthly interest at discounted rates
Quarterly interest on deposits
Half yearly interest on deposits
yearly interest on deposits
Senior Citizen can (avail) earn 0.50% extra interest for deposit more than 15 months.
you can avail loan up to 90 % of the deposit if so desired.
This scheme is ideal for small depositors, salaried class and self-employed professionals with an intension of investing in household, consumer durables, higher education, etc.
The Monthly or Quarterly Interest rate should be transfer to Saving A/c of Depositor or deposit in other Bank of Depositor through ECS. After matured Auto renewal facility also available in this scheme.
Features
Compounded interest with quarterly rests
You can avail loan up to 85 % of the deposit if so desired. This scheme is ideal for small depositors, salaried class and self-employed professionals with an intension of investing in household, consumer durables, higher education, etc.
Features
Compounded interest with quarterly rests
This scheme is ideal for people with long term investment plans
Senior citizen can avail 0.5% extra interest
You can avail loan up to 85 % of the deposit if so desired. This scheme is ideal for small depositors, salaried class and self-employed professionals with an intension of investing in household, consumer durables, higher education, etc.
Period | Rate |
---|---|
700 Days | 6.90% |
701 Days to 1000 Days | 6.90% |
✶ 1% penalty for premature withdrawal for all categories of Deposits. ✶ Additional 0.50% Interest for Senior Citizen Deposit above 15 Months. ✶ No additional interest on Bulk Deposits more than Rs. 10.00 Lakhs. ✶ Deduction of TDS for Annual Deposit Interest Above 40000/-for Regular And for senior citizen 50000/-