Short Term Deposits

Short Term Deposits
Minimum deposit amount of Rs.1000/-
Minimum period of deposits7 days
Maximum period of deposits less than 12 month
Rate of interest depends on Maturity Period
Term deposit can be in single and joint name.
Senior Citizen:An Additional interest @ 0.50 % is payable.
Staff/Ex-staff:As per Bank guidelines issued from time to time (Presently additional interest 1% is payable).
Ex-staffs who are Senior Citizen: shall get both the benefits of Staff rate as well as Senior Citizen interest rate.
Loan/overdraft facility is permitted up to 90% of outstanding balance
Nomination facility will be available.