Fixed Deposit Scheme comparison
Term deposit schemes for various durations at attractive interest rates. Start your investment with just Rs.1000/-
For opening a Fixed Deposit, please download the below listed form and submit it to your nearest branch.
All you need to know
Quarterly Interest
Monthly Interest
Multi Benefits
Short Term
Saral Tax (Tax Benefits Scheme)
| Period of Deposit | Minimum 6 months and maximum 10 years |
| Interest Payment | Quarterly Interest By Pay Order / Credit to Account |
| Maximum Amount of Deposit | No Limit |
| Minimum Amount of Deposit | Rs 100/- (Multiple in Hundred) |
| Pledging of Deposit | Allowed |
| Premature Withdrawal | Allowed with penalty of 1% in applicable interest rate for the tenure of deposit as on the date of placement of deposit. |
| Additional Interest Rate for Senior Citizen | Applicable (0.50% Extra) |
| 15G / 15H Facility | Yes |
Deposit Insurance
- The Deposit Insurance System in India is subject to the Provisions of Deposit Insurance Act (enacted in 1961). Deposit Insurance and Credit Guarantee Corporation (Wholly owned subsidiary of the Reserve Bank of India) is the body that operates the deposit insurance system.
- To download more information click the following link: DICGC
(Website: www.dicgc.org.in)
📌 Note:
- TDS Limit
- For General Category: Rs. 50,000/-
- For Senior Citizen: Rs. 1,00,000/-
📌 If PAN is not provided, 20% TDS will be deducted.
- 📄Fixed Deposit Application Form
- 📄15 G Form
- 📄15 H Form