• Individuals (Single or Jointly), Minor By Guardian, Institutions, Co-op Societies, HUF can place deposit.
  • Quarterly Compounded interest payable on Maturity.
  • Period of Deposit is Minimum 1 year.
  • Minimum amount of Deposit –Rs 1000/ And Maximum Amount of Deposit “ No Limit”.
  • Interest Calculation is based on Quarterly Method.
  • Premature withdrawal of Deposit is allowed with no penalty Charges .
  • For Senior citizen additional Interest rate is Applicable.
  • Pledging of Deposit is with same as FD  Interest Rate.
  • Documents Required as per KYC rules