Short term deposit scheme with attractive interest rate, deposit allows not more than 365 days. This is an auto renewal scheme and depositor does not need to visit branch. Even though it’s a short term deposit scheme loan facility is available. Premature withdrawal is also allowed in this scheme for emergency with Penel interest applicable.
Auto Renewal Scheme
Who can Invest
Any Indian Resident.
How to Invest
By our account opening form.
Min. & Max. Lock-In Period
Not Applicable.
Premature Withdrawal
Allowed.
Penal Interest is Applicable.
Nomination
Available.
Loan Facility
Available.
T.D.S.
Applicable.
Benefits
Small Savings.
Customer need not to come in the bank for every renewal.