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Fixed Deposit

  1. Banking
  2. Fixed Deposit
Fixed Deposit
Fixed deposit accounts can be opened for a period of 7 days to a maximum period of 10 years. The deposits made under fixed re-investment accounts are eligible for compound interest. Loan facility up to 90% of the deposited amount is available before maturity of this account. Furthermore, nomination facility is also available.


S.NoTermROI (General)ROI (Senior Citizen)
1 07 Days to 45 Days4.25%4.75%
2 46 Days to 90 Days5.00%5.50%
3 91 Days to 181 Days5.50%6.00%
4 182 Days to less than 1 Years6.00%6.50%
5 1 Year to 2 Years7.15%7.65%
6 Above 2 Years to 3 Years7.05%7.55%
7 Above 3 Years to 5 Years6.75%7.25%
8 Above 5 Years Up to 10 Years6.50%7.25%
9 Bulk (Single) Term Deposit for 1 Year (Greater than 15.00 lakh and upto 25.00 lakh)7.20%7.20%
10 Bulk (Single) Term Deposit for 1 Year (Greater than 25.00 lakh)8.00%8.00%

With effect from 12-02-2025, 8.00% interest rate will be payable on single term deposit of Rs. 25.00 lakh and above for a maturity period of one year (no other special rate of interest will be payable on the above term deposits).

  • Key Features Key Features
  • Minimum period of 7 days and maximum up to 120 months.
  • Interest to be compounded under reinvestment scheme on quarterly basis
  • Nomination facility
  • Higher ROI for Senior Citizens
  • Loans or Overdraft facility available up to 90% of the deposit
  • Deposit insured by DICGC Scheme
  • Premature withdrawal allowed with term and conditions
  • Requirements
  • KYC Documents as per RBI guidelines
  • Eligibility
  • Individual (single/joint), Minor by guardian, Organizations
  • ROI
  • As per above

Note: For more detailed information, terms and conditions, kindly contact your nearest branch.
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