Fixed Deposit Scheme for 400 Days at 9.25% p.a.
Fixed Deposit Scheme for 400 Days at 9.25% p.a.
We have launched a new fixed deposit scheme for our valued customers, which offer an attractive interest rate of 9.25% per annum for tenure of 400 days. This scheme is available for all individual customers, firms, societies, trusts and companies, who wish to deposit their funds for a fixed period and earn a higher return on their deposits.
As a Bank, we always strive to provide our customers with the best possible financial products and services, and with this new fixed deposit scheme is a testament to that commitment. With an interest rate of 9.25% p.a.this scheme is one of the most competitive products in the market, and we are confident that it will appeal to a wide range of customers.
The salient features of the fixed deposit scheme are as follows
Tenure: 400 days
Payable on maturity
Premature closure: Allowed with a penalty of 1% on applicable interest rate
Super Senior Citizens: 9.25% p.a.
Effective from 02-March-2023
Interest Rate: 9.25% p.a.
Periodical interest payment option not available
Senior Citizens: 9.25% pa.
Staff: 9.25% p.a.
TDS: as applicable