⤑ 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/- @ 7.50%
For Senior citizen Rs. 1,01,929/- @ 8.00%
For Super Senior citizen Rs. 1,02,608/- @ 8.25%
⤑ Invest Rs. 13,800/- per month for 60 months & become Millionaire.
Maturity Amount Rs. 10,05,878/- @ 7.50%
For Senior citizen Rs. 10,19,294/- @ 8.00%
For Super Senior citizen Rs. 10,26,081/- @ 8.25%
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 @ 7.5643%
⤑ 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 01.10.2024) | |||||||
|---|---|---|---|---|---|---|---|
| Period | General | Senior Citizen | Super Senior Citizens | ||||
| 31 | days | to | 90 days | 5.00% | 5.00% | 5.00% | |
| 91 | days | to | 180 days | 5.50% | 5.50% | 5.50% | |
| 181 | days | to | 1 year | 6.00% | 6.00% | 6.00% | |
| above | 1 | year | to | 2 years | 7.00% | 7.50% | 7.75% |
| above | 2 | years | to | 3 years | 8.50% | 8.50% | 8.75% |
| above | 3 | years | to | 5 years | 7.00% | 7.50% | 7.75% |
| above | 5 | years | to | 10 years | 6.50% | 7.00% | 7.25% |
⤑ Monthly interest will be paid in full.
⤑ No penal interest on Pre mature withdrawal of deposit.
