Monthly (discounted)/Quarterly on Fixed Deposits. Compounded quarterly on Kamadhenu Deposit
Applicable on interest payable
Available, however, No nomination can be accepted in respect of an account opened on behalf of a minor or a HUF or a Firm or a Company or an Association of persons or a Body of individuals
Cannot be pledged as security/collateral security for loans/advances
Cannot be closed prematurely (as per the guidelines of GOI), Except in the event of death of depositor
Benefits of deduction from income up to Rs. 1,50,000/- under Sec.80C of the IT Act, 1961.
APPLICATION & DOCUMENTS
Application in the Banks’ prescribed form Copy of PAN Card Photograph of depositor/s (2 copies) Proof of Identity and address as per KYC Norms Any other related documents as applicable to Karta of a HUF.
Customers are requested to call on our mentioned Toll Free Numbers only for any complaints/issues. Bank shall not be responsible for any consequences arising out of customers calling any other unverified numbers.