Introduction

The scheme is suitable for those depositors who want regular return on their deposit to meet their recurring expenses.

Deposit Amount

Any amount with minimum of Rs.1000/-

Period of Deposit

One year to ten years

Interest

Interest as applicable as term deposit.

- Payment quarterly at simple rate.

- Payment monthly at  discounted rate.

Advance against Fixed Deposits

Loan upto 75% to 95% of deposit  is allowed as security of deposit. Interest 1% over deposit rate is charged on loans.