Fixed Deposit Monthly

Individuals (Single or jointly), Minor By Guardian, Institutions, Co-op Societies, HUF can place deposit.
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 Monthly Discounting 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.
Monthly Interest can be credited to Same bank account , Pay Order , NEFT
Interest payable on the deposit is subject to directives of RBI from time to time .
DICGC insurance covered Deposit up to Rs. 500000/-
Documents Required as per KYC rules.