• Minimum deposit of INR. 5,000/- required to open a Fixed deposit.
• Minimum and Maximum periods for which the deposits accepted is 1 year and
  3 years respectively.
• Time based rate of interest.
• Potential to earn compound interest by reinvesting interest earned.
• Auto renewal facility available.
• Avail loan up to 80% of the deposit, or INR. 2.00 MM, whichever is lower.
• Repatriate your complete deposit (principal and interest) at any time.
• The entire deposit (principal and interest) is exempt from tax.
• Nomination facility available.

Under this policy, prepaid instruments like Demand Drafts, Interest / Dividend warrants shall be treated on par with cheques.

» ELIGIBILITY :

The following can apply for a Fixed Deposit

• Non resident Indians (solely or jointly with other non-resident Indians)
• Sole Proprietorship Firms.
• Partnership Firms.
• Limited Companies.
• Trusts / Societies.

» SUPPORT DOCUMENTATION ON PROOF OF IDENTITY AND ADDRESS :

Along with the account opening form application, self attested copies of following be forwarded to complete the formalities as per the central bank ( viz Reserve Bank of India ) Know your customer guidelines:

1. PAN Card.
2. Valid Passport ( Copies of pages having the photograph. Siganature, Address, Date of birth, Visa endorsement and place of issue and expiry ).
3. Original Letter from Employer certifying the residential address of applicant. Signature of the employee has to be attested on the letter.
4. Employee Identity Card.

Note : Mandatory to provide Permanent address and telephone number.