This account can be opened in Individual name or jointly with others. Fixed Deposit account provides opportunity to depositor to save money for a specific period of time, ranging from 15 days to 7 years. Interest is calculated at simple interest method. Interest on the deposit payable to the depositor on monthly/quarterly basis. Premature withdrawal and loan against Fix deposit facility are available. Nomination facility available for this account.
Kindly refer to our separate interest section for current interest rates.
For details/queries, contact your nearest branch.