- This is an opportunity to earn higher interest on your savings. You can choose deposits with interest payable either on a cumulative (Reinvestment Plan) or non-cumulative basis (Term Deposits).
Features & Benefits
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 5 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 at an attractive ROI.
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)
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 Bank’s Policy which is inline with Reserve Bank of India’s Know your customer directions:
PAN Card
Valid Passport ( Copies of pages having the photograph. Siganature, Address, Date of birth, Visa endorsement and place of issue and expiry ).
Original Letter from Employer certifying the residential address of applicant. Signature of the employee has to be attested on the letter.
Employee Identity Card.
Note : Mandatory to provide Permanent address and telephone number.
Fees & Charges for Fixed Deposits
Please refer the detailed Schedule of charges.
Contact Us
- Please visit our nearest branch or write to us at [email protected].
