Various Term Deposit Scheme Available With Us Includes :
- Fixed Deposits (FD) – Interest is paid to investor’s at regular intervals.
- Group Deposits (GD)
- Daily Collection deposit
- Recurring Deposit (RD) – Schemes where investors can even start with a very nominal amount of Rs. 100 per month
Maturity Period |
Effect Date |
Existing Rate |
|
Int. Rate |
Sr .Citizens |
||
30 Days to 45 Days
|
11/06/2015
|
6.5
|
7.00
|
46 Days to 90 Days
|
11/06/2015
|
7.5
|
8.00
|
91 Days to 179 Days
|
11/06/2015
|
8.25
|
8.75
|
180 Days to 364 Days
|
11/06/2015
|
8.75
|
9.25
|
365 Days to 2 YEARS
|
11/06/2015
|
9.75
|
10.25
|
above 2 yearS for 10 lakh above
|
11/06/2015
|
9.5
|
10
|
Term Deposit Account can be opened by :
- Individual – Single or Joint
- Minors – with Guardian
- Registered Societies & Trusts
- Hindu Undivided Families (HUFs)