A fixed deposit sccount may br opened by any Personal/Indicidual/Minor/HUF/Firm/Company/Club/Trust/Sociery/Association etc.
- We are member of Deposit Insurance and Credit Guarantee scheme in which customers deposit is insured up to Rs.1 Lac.
- Fix deposit scheme is an attractive scheme to deposit your savings for fix period for 15 days to 120 months as per your requirements.
- We provide attractive Interest Rate to our Customers from time to time.
- We offer 0.50% extra Interest Rate to Senior Citizens (Age 60 years or above) on fix deposits.
- Guardian can open Minor's Fix deposit A/c. When minor turn major then at maturity he/she can withdraw the amount with his/her signature, after providing valid age proof.
- We offer nomination facility for all deposit accounts.
- We provide Monthly and Quarterly Interest payment to our customers on their exiting fix Deposits as per their instruction.
- Loan and Overdraft Account against Fix Deposit receipt to pass 90%.
- The maturity date of Loan and Overdraft Account against Fix Deposit is maturity date of Fix Deposit Receipt.
- TDS on Interest income will be deducted as per Income Tax Act.
Rules & regulations of Fixed Deposit Scheme :
- Depositor has to fulfill KYC norms as per RBI directives.
- Customer can Open Fix Deposit A/c with minimum of Rs. 500/- and SB account is compulsory for opening such account as required by the bank.
- Guardian can open Minor's Fix Deposit A/c. When minor turn major then age certificate providing, valid age proof he/she can withdraw the amount with his/her own signature.
- The maturity amount is payable on maturity date and premature payment facility also available.
- All rights reserved to the Bank's management to change the Interest Rate of the Fix Deposit scheme without prior notice. Change of Interest rate will be applicable to new deposits only.
- The Bank having all rights of appropriation, set off, lien and change the rules and regulation for the scheme.
Requirements to open Bank Account :
Any one of proof (Photo I.D. Proof)
- Passport
- Droving License
- Voter ID Card, Aadhar Card, PAN Card
- Government/Semi government/Department I. Card.
Address Proof
- Ration Card
- Electricity Bill (not more than 2 months old)
- Landline Telephone Bill, Aadhar Card, Driving License
- Other proof acceptable to Bank.
- Passport Size Photographs - two copies
- Pan Card with forwarding letter/Declaration on form 60/61.
- Senior Citizens have to produce age proof to avail Interest Rate cenefit.
