Deposit Amount:
⇒ Minimum -₹100
⇒ Maximum -No Limit
Period of Deposit:
⇒ Minimum 15 days
⇒ Maximum 120 months
Receipt: Deposit Receipts for fresh/renewal of Term Deposits will be generally issued on the same day.
Periodicity for payment of interest
⇒ Interest at Quarterly/Half Yearly/Yearly rests as per customer request.
⇒ Monthly interest is at a discounted rate. For monthly interest, minimum deposit is Rs.5,000 and minimum period of one year.
Mode of payment of interest: At the option of the depositor the amount of interest will be credited to the depositor’s account maintained either in any of our branches or at any branch of other bank through National Electronic Fund Transfer (NEFT).
Loan Facility: Available as per the prescribed rules of the Bank
Premature Payment: Available as per the prescribed rules of the Bank.
Nomination Facility: Available
Deposit Insurance : Deposit insurance coverage upto 5lakhs as per DIGCC –( Deposit Insurance and Credit Guarantee Corporation)
General Rules :
⇒ Bank reserves the right to close any account, if cheque drawn are returned unpaid frequently for want of funds or the account is considered as Irregular / non-satisfactory.
⇒ Account not operation for more than two years will be treated as inoperative / dormant account.
⇒ Bank reserves the right to alter, amend and rescind the rules from time to time.
Facility :
⇒ PMJJBY/PMJSBY
⇒ IFFCO INSURANCE
⇒ LOCKER
