Under this scheme, the depositor will receive one lakh on maturity as interest rates are attractive.
| Sr.No. |
Period |
Deposit Amt |
Maturity Amt |
| 1. |
12 Months |
93060/- |
1,00,004/- |
| 2. |
24 Months |
86605/- |
1,00,001/- |
| 3. |
36 Months |
79425/- |
1,00,004/- |
| 4. |
48 Months |
75015/- |
1,00,004/- |
| 5. |
60 Months |
69815/- |
1,00,005/- |
- दाम दुप्प्ट योजना :
रु. १,००,००० मुदत ठेवा आणि रु. २,०१,४८५ मिळवा कालावधी ९ वर्ष ९ महिने.
- Lakhpati Recurring Deposit Scheme :
Under this scheme, the depositor will receive one lakh on maturity as interest rates are attractive. Accounts can be opened for 5 different period slabs as per customer’s convenience.
|
Sr. No.
|
Period
|
RD Installment Amount
|
Maturity Amount
|
|
1.
|
12 Months
|
8,100/-
|
1,00,537/-
|
|
2.
|
24 Months
|
3,950/-
|
1,01,191/-
|
|
3.
|
36 Months
|
2,525/-
|
1,00,951/-
|
|
4.
|
48 Months
|
1,850/-
|
1,01,045/-
|
|
5.
|
60 Months
|
1,425/-
|
1,00,498/-
|
- Recurring Deposit Scheme :
This scheme is designed for monthly saving where you can deposit a certain amount for specified period & the depositor will receive maturity amount with attractive Interest rate. Recurring Deposit Account is opened by those who want to save regularly for a certain period of time and earn a higher interest rate.
Minimum amount of Deposit : Rs. 100/-
Period : Min. 12 Months & Max. 60 Months
Facilities Offered:
- Monthly Standing Instruction is accepted (For installment credit).
- Installment credit through ECS facility.
- 90 % Loan against recurring amount is granted as per prevailing rules.
Customized recurring scheme is also available in which period is decided as per customers requirement.
Term Deposit Scheme :
- Monthly Interest Deposit Scheme –
Monthly Interest will be paid on the deposits at the rate in force from time to time.
Period : Minimum – 12 Months & Maximum – 60 Months
- Bank will issue a Fixed Deposit certificate (Receipt).
- 90% Loan against Deposit amount is granted as per prevailing rules.
- Interest will be paid in Saving Bank Account or through ECS by crediting to the bank account of the depositor.
- Quarterly Interest Deposit Scheme
Quarterly Interest will be paid on the deposits at the rate in force from time to time.
Period : Minimum – 12 Months & Maximum – 60 Months.
- Bank will issue a Fixed Deposit certificate (Receipt).
- 90% Loan against Deposit amount is granted as per prevailing rules.
- Interest will be paid in Saving Bank Account or through ECS by crediting to the bank account of the depositor.
- Half yearly Interest Deposit Scheme
Half Yearly Interest will be paid on the deposits at the rate in force from time to time.
Period : Minimum – 12 Months & Maximum – 60 Months
- Bank will issue a Fixed Deposit certificate (Receipt).
- 90% Loan against Deposit amount is granted as per prevailing rules.
- Interest will be paid in Saving Bank Account or through ECS by crediting to the bank account of the depositor.
- Cumulative Interest Deposit Scheme
In this scheme the depositor can invest certain amount for Fixed period and get amount on maturity with interest on quarterly compounding basis.
Period : Minimum – 12 Months & Maximum – 60 Months
- Bank will issue a Fixed Deposit certificate (Receipt).
- 90% Loan against Deposit amount is granted as per prevailing rules.
- Short Term Deposit Scheme
In this scheme the depositor can invest certain amount for a short period and get amount with interest on maturity.
Period : Minimum – 15 Days & Maximum – 364 Days
- Bank will issue a Short Term Deposit Passbook.
- 90% Loan against Deposit amount is granted as per prevailing rules.
6. Special Account Operation Facility :
Either or Survivor form : Account_operation_form
Note for all above Term Deposit Schemes :
- Rate of Interest is subject to change as per RBI directive & as per Bank’s policy from time to time.
- Premature withdrawal of Term Deposit is allowed subject to prevailing bank rules.
- Auto renewal Facility - After 14 days of maturity, Fixed Deposits are renewed by the bank for a period of 181 days at the interest rate applicable from the maturity date.
- Loan against Term Deposit is given immediately as per prevailing rules.
- Premature rules : 1% penalty for premature withdrawal of deposits (Not on renewal of deposits) (1% less than applicable rate for period remained with bank at the ti me of deposit).