Term Deposit

‘For more information, terms and conditions please contact to nearest Branch’

Important Note:

  • Tax at Source is deducted as per the Income Tax regulations prevalent from time to time.
  • In the absence of PAN details, TDS at a higher rate of 20% will be applicable on resident time deposit with interest income of Rs.10,000 or above during the financial year.
  • Rules governing Term Deposit are subject to any directive that the RBI / Central Government may issue from time to time and will be binding on the Depositor/s without notice.

Who can & How to Open?

It can be open by any Individual single or jointly, minor with natural guardian, HUF, trust or Registered Society.

To Open an account we need

  • Latest Official Valid Documents [any Two] duly self attested ( AADHAR, Passport, Driving License, Gas Connection Card, Electricity/ Telephone Bill, Voter Id, Ration Card Other Bank Account statement [last three months] )
  • One Photo
  • Duly filled account opening form.