Deposits

Frequency	Our Features	Rate of interest
15 Days to 45 Days	Opening a Fixed Deposit is simple and hassle free, we are following a fast and transparent process. Tenure ranges between 15 days to 10 years Loan against deposits Avail upto 85% of Deposit Amount Interest income monthly, quarterly or annually Premature and mid term withdrawal is available with penalty interest rates	5.00
46 Days to 179 days		5.00
180 Days to below 12 months		6.75
12 months to below 24 months		8.00
24 months to below 36 months		7.50
36 months to below 60 months		7.25
60 months		7.50
Above 60 months		7.50
Senior citizens get higher Interest rates		0.50

Our Features	Rate of interest
Saving Deposit schemes aim to motivate a regular habit of saving among the public Also those can enjoy these Facilities Easy Transactions ,Payment of Bills , ATM facility, MobileBanking ,Debit Card, with the additional benefits of nominal interest rates.	4.00

A current account allows transactions beyond the scope of a savings account
Compared to savings account, a current account requires a higher minimum balance
It is designed to facilitate frequent transactions – transfer funds, receive cheques, cash, etc
A current account can be operated by individuals, proprietary concerns, public and private companies, associations, trusts, etc 5)No restriction on the number of transactions in a day
Just like savings account, KYC guidelines are to be followed even for current accounts
For a single business, there cannot be multiple current accounts
The prime objective of current account is to facilitate smooth transactions for businesses

Frequency	Our Features	Rate of interest
6 Months to below 12 months	The beauty of this scheme is the daily income earners can park their surplus funds. Customer no need to visit freqently our branch One of our authorized agent of the Bank collects the daily deposits from the customer’s doorstep. This scheme suits for all type of income earners An ideal product for those who are into self-employment / business. Premature and mid term withdrawal is available with penalty interest rates	3.0%
One Year to 3 Year		3.5%
3 Year and above		4.0%