Ashraya Deposit Scheme: Secure Your Future Today

• Easy to Open.
• Attractive Rate of Interest.
• Upto 90% loan facility available.
• Better returns on your investment.

• Individuals, who have completed the age of 60 years and above, in single or joint names.
• In case of joint account, accounts can be opened jointly with other Senior Citizens or with other persons below the age of 60 years subject to the condition that the Senior Citizen is No.1 depositor.

• Application in the Banks prescribed form.
• Copy of PAN Card / Form 60 or 61 (if customer does not have PAN Card).
• Photograph of Depositor/s (2 copies).
• Proof of Identity and address as per KYC Norms.
• A certified copy of any of the documents mentioned under Mandatory Documents.

Mandatory documents

At the time of opening of new deposit account a certified copy of any of the following documents may be produced for age verification.

• Secondary School Leaving Certificate indicating the Date of Birth.
• LIC Policy.
• Voters Identity Card.
• Pension Payment Order.
• Birth Certificate issued by the competent authority.
• Passport.
• Any other documents acceptable to the Bank.

• Additional 0.50% will be paid for domestic term deposits (including RD and except for NRO, NRE and Capital Gains Deposit scheme) of less than Rs. 2 Cr and with tenor of 180 Days and above, over and above the rate offered for General public. Visit our Deposits Interest rate Page Click Here.
• The system will automatically enable preferential ROI of 0.50% to all existing eligible Domestic Term Deposits and RD Deposits from the date of Customer attaining Senior Citizen status w.e.f. 24.07.2018.