Deposits

SAVING DEPOSIT
CURRENT DEPOSIT
PIGMY DEPOSIT
TERM DEPOSIT
RECURRING DEPOSIT

SAVING DEPOSIT

Who can open	Saving Bank Account is opened by Individuals, HUF & Non-profit making Institutions / Organizations
Minimum balance	₹ 500
Rate of interest	3.20% p.a. Daily basis on Credit Balance
Facility	Personalised Cheque Book ATM Card
Others	Account opening form is available at nearest Branch

back to top

CURRENT DEPOSIT

Who can open	Any individual in his/her name, Any individual jointly with other(s), Sole Proprietorship, Partnership, Joint Stock Companies, Club, Associations, Societies and HUF
Minimum balance	₹ 3000
Rate of interest	No Interest will be paid on Balance of Current Accounts.
Facility	Personalised Cheque Book ATM Card
Others	Account opening form is available at nearest Branch

back to top

PIGMY DEPOSIT

Who can open	Any Individual, Professional Businessman in the name of Firm, Proprietary concern etc.
Condition	Account holder should deposit Minimum ₹ 10/- or in multiple of ₹ 10/- in the account on daily basis & he will get the deposited amount along with interest on maturity. Daily Agent duly appointed by Bank will collect deposit on daily basis.
Period of deposit	1 year or 2 years

back to top

TERM DEPOSIT

Who can open	Individual / HUF, Proprietary concern, Partnership Firm, Company.
Rate of interest	Click here for rate of interest
Loan facility	Available to the extent of 90% of FD amount Rate of Interest : 1.5% additional than the applicable interest rate on fixed deposit

back to top

RECURRING DEPOSIT

Who can open	Individual / HUF, Proprietary concern,
Condition	Minimum of ₹ 50/- or in multiple of ₹ 50/- in the account in Monthly Installments.
Rate of interest	Click here for rate of interest
Loan facility	Loan Facility available. Premature withdrawal is possible with certain conditions
Others	Account opening form is available at nearest Branch

back to top

Quick Access