Fixed deposits can help you secure your hard earned money for long durations while giving you higher risk-free returns on your money than regular savings account.
The main purpose of fixed deposit account is to enable the individuals to earn a higher rate of interest on their surplus funds (extra money).
The amount can be deposited only once. For further such deposits, separate accounts need to be opened.
Duly filled in Account Opening Form with valid residential proof, PAN Number, 1 photograph and introduction by existing account holder of the Bank.
|
PERIOD |
RATE OF INTEREST (%) |
| Saving Account | 3.00 |
| Super Saving Account | 6.00 |
| 15 Days to 45 Days | 4.50 |
| 46 Days to 90 Days | 5.70 |
| 91 Days to 180 Days | 6.25 |
| 181 Days to 12 Month | 6.75 |
| 12 Month to 15 Month | 7.00 |
| 15 Month to 18 Month | 7.25 |
| 18 Month to 24 Month | 7.00 |
| 24 Month to 36 Month | 7.50 |
| 36 Month to 60 Month above | 7.55 |
| PERIOD | RATE OF INTEREST (%) |
| 30 Days to 90 Days | 5.50 |
| 91 Days to 180 Days | 6.25 |
| 181 Days to Below 1 Year | 6.50 |
| 1 Year to below 2 Year | 7.00 |
| 2 Year to Above 3 Year | 7.25 |
