| 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. |
