Snow
Forest
Nature

⤑ Minimum Balance Rs.500/- to be maintained.

⤑ Interest at 4% P.A on daily balance will be credited Quarterly.

⤑ Any Branch Banking facility available

⤑ ECS direct debit and credit facility

⤑ CTS cheque facility available

⤑ Direct member of clearing house

⤑ Personalized cheque book facility is available across all the branches.

⤑ Convenient for Individual/Traders/Businessmen/Firms and Companies

Minimum Rs.1000/- Balance required to be maintained

⤑ ECS direct debit and credit facility

⤑ CTS cheque facility available

⤑ Direct member of clearing house

⤑ Cheques deposited for clearing before 12 Noon will be credited next day evening on full working day as per NPCI rules

⤑ Investor can deposit monthly a fixed amount in an account for a fixed period on monthly basis.

⤑ Interest will be credited quarterly rests

⤑ Accounts can be opened by Individuals, firms, trusts, HUF etc

⤑ Loan facility available

⤑ Nomination facility available


⤑Invest Rs. 1,380/- per month for 60 months & become Lakhpathi
Maturity Amount Rs. 1,00,588/-
For Senior citizen Rs. 1,01,929/-

⤑ Invest Rs. 13,800/- per month for 60 months & become Millionaire.
Maturity Amount Rs. 10,05,878/-
For Senior citizen Rs. 10,19,294/-

Terms & conditions:

⤑ Invest in multiples of Rs. 1400/-

⤑ Maturity amount are subject to TDS Deduction

⤑ Loan facility can be availed as per the existing scheme.

⤑ Other conditions are as per the existing recurring deposit scheme.

Scheme details:

⤑ Money will be doubled in 111 months.

⤑ No additional interest rate for senior citizens.

⤑ Minimum deposit Rs. 5000/- and in multiples of Rs. 1000/- thereon.

⤑ In the event of pre-closure applicable card rate minus 1% penalty will be levied.

⤑ Loan facility available – 80 % on the face value or 75% on the accrued value.

⤑ Rate of Interest on loans will be 2% extra than provided on the Certificate.

⤑ Attractive returns through interest capitalization on quarterly rests

⤑ Minimum Deposit is Rs.1000/- and in multiples of 1000 thereon

⤑ Period of Deposit shall be minimum 12 months and in multiples of 3 months thereon upto maximum 4 years.

⤑ Accounts can be opened by Individuals, firms, trusts, HUF etc

⤑ Loan facility available upto 80% on the Deposit amount or 75% on the accrued amount

⤑ Nomination facility available


Deposit interest Rates (w.e.f 06.05.2024)
Period General Senior Citizen
31 days to 90 days 5.00% 5.00%
91 days to 180 days 5.50% 5.50%
181 days to 1 year 6.00% 6.00%
above 1 year to 2 years 7.00% 7.50%
above 2 years to 3 years 8.50% 8.50%
above 3 years to 5 years 7.00% 7.50%
above 5 years to 10 years 6.50% 7.00%

Monthly interest will be paid in full.

No penal interest on Pre mature withdrawal of deposit.