|Type Of Deposit||Period Of Deposit||General Public||Staff / Senior Citizen 60+|
|Term Deposit (I)||From 45 Days to 45 Days||4.50%||5.00%|
|Term Deposit (II)||From 46 Days to 100 Days||5.00%||5.50%|
|Term Deposit (IIII)||From 101 Days to 332 Days||6.00%||6.50%|
|Term Deposit (IIIII)||From 333 Days to 1 Year||7.25%||7.75%|
|Term Deposit (IIIIII)||From 1 Year to 5 Years||6.50%||7.00%|
Term Deposits (TDs) Double Deposit. (Min. Rs. 10,000/-, Max. FD/OD 70%)
|125 Months||117 Months|
Current Deposits Unicorn - for 45 days Only
(LIFO Method & Min. Deposit Rs. 25000/- and multiples thereof)
Savings Deposits Unicorn - From 7 Days to 44 Days
- From 45 Days to 100 Days
(LIFO Method & Min. Deposit Rs. 10000/- and multiples thereof)
Recurring Deposit (RDs) From 1 Year to 5 Years (6 Monthly)
|Monthly and Quarterly Interest on Fixed Deposit Scheme||Minimum 333 Days Period|
Auto_Renewal Instruction With Effective From 01-12-2018 :
|The Following Term Deposit Type Code Auto Renewal Facility Covered||The Following Term Deposit Type Code Auto Renewal Facility Not Covered|
|(1) 502- TD Simple||(1) Recurring Deposit (RD)|
|(2) 503- TD Quaterly||(2) TDs of Non- Individuals|
|(3) 505 - TD Accumulative||(3) TDs >= Rs. 100 Lakhs|
|(4) 509 - TD Monthly (Min 333 Days period )||-|
Terms & Conditions :
Bank will pay 03.00% p.a. ROI in Savings Deposits (SDs).
Single TDs >= Rs. 15 Lakhs (only for General Public) will earn Additional interest of 0.50% p.a., on Term Deposit (TDs) except Double Deposits.
For Staff/Senior Citizen (60+ Years), additional interest will be paid provided that his / her name must be First Name.
Bank can charge 1% Penal Interest in case of Pre-maturity of the deposits.
Notwithstanding anything mentioned above, Bank can pay a Maximum of 7.75% p.a. ROI inclusive of all. Further, Bank will not pay any interest on Deposits upto 44 days (as per Slabs above) except in those specifically mentioned conditions for SDs / Savings Unicorn Deposits / Matures Deposits