Introduction

Sugam deposit scheme provides flexibility to existing FD schemes.  The depositor has free access to his funds.  Depositor can withdraw any amount in multiples of Rs.1000/- anytime before maturity breaking entire FD.  Remaining deposit will continue as such.

Deposit Amount

Minimum Rs.10000/- and more, in multiple of Rs.1000/-

Period of Deposit

180 days to 120 months

Interest

The rate of interest is as applicable to Term Deposits & compounded quarterly and is payable on maturity.