The deposit is accepted for a fixed period chosen by the customer. The minimum period of deposit is 30 days and maximum is 120 months. The periodical interest will be paid quarterly/half yearly/yearly as per the choice of customer.

At the request of customer the interest will be paid on monthly basis at discounted rate. TDS will be deducted if the amount of interest in a financial year exceeds Rs. 40,000/-. If you do not want to pay TDS you will have to submit Form 15G/H along with a copy of PAN card every year.

Bank provides LAJBY (Demand Loan For One Time Disbusment) Loan aganist Monthly recurring deposit of the customer as per requirement of applicant by maintaining 10% margin. ROI 1% above interest payable on recurring deposit against which the loan is sanction. (Please visit the nearest branch for details of the product)

The deposit is accepted for a fixed period chosen by the customer. The minimum period of deposit is 6 months & maximum is 120 months. Under the scheme the periodical interest is compounded quarterly and a lump sum amount is paid to the customer on maturity.

TDS will be deducted if the amount of interest in a financial year exceeds for senior citizen Rs.50,000 and for others Rs.40,000. If you do not want to pay TDS you will have to submit Form 15G/H along with a copy of PAN card every year.

If you want to avail tax benefit under section 80C of Income Tax Act we have the scheme where you can deposit a sum not exceeding Rs.1,50,000 in a financial year with the bank for a period of 5 years. The deposits under the scheme are accepted only from individuals and HUF. A copy of PAN card of the depositor is required while opening the account under the scheme.

No premature payment & loan against this deposit will be allowed by the bank. The deposit under the scheme can be accepted either under fixed deposit scheme or Dhanvardhini deposit scheme TDS will be deducted if the amount of interest in a financial year exceeds for senior citizen Rs.50,000 and for others Rs.40,000. If you do not want to pay TDS you will have to submit Form 15G/H along with a copy of PAN card every year.

It is a scheme for persons who want to save for the future needs of their children like education, marriage etc. Under the scheme the customer is required to deposit a lump sum in his name along with minor son/daughter for a minimum period of 24 months and maximum of 120 months which is repaid along with interest on maturity.

TDS will be deducted if the amount of interest in a financial year exceeds for senior citizen Rs.25,000 and for others Rs.40,000. If you do not want to pay TDS you will have to submit Form 15G/H along with a copy of PAN card every year.

It is a recurring deposit scheme in which a customer is required to deposit a pre determined amount monthly on a regular basis for a fixed period opted by him while opening the account. A sizable lump sum amount is paid to the customer along with interest on maturity. A minimum amount of Rs.50/- per month is required to be paid for the period of deposit opted while opening the account. The deposits under the scheme are accepted for a minimum period of 12 months and maximum of 120 months.