Fixed Deposit

Period of Deposit Below 1 year
Mode of Payment On maturity By Pay Order / Credit to Account
Minimum Amount of Deposit Rs. 1,000/-
Loan against of Deposit Allowed - Additional Interest 1% on Loan a/c
Premature Withdrawal In case of permature withdrawal of term deposit, the penalty will be charged @ 1% from applicable rate of interest for which deposit remained with the bank.

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