Fixed Deposit is also known as Term Deposit. Fixed Deposit means an amount is deposited at Bank for a fixed period. The bank offers a fixed rate of interest for that period. The banks offers a wide range of period; from 15 days to 5 years. The interest rate varies according to the duration
Fixed Deposit Account can be opened by
- Individual – Single or Joint
- Minors – with Guardian
- Regd. Institutions & Trusts (Charitable)
Checklist
- Customer Information File (CIF) form (for new accounts)
- Account opening form, duly signed by the account holders
- Introduction from existing account holder
- Photograph of account holders
- Photo identity such as photocopy of PAN Card, addhar, Voters ID, Driving License, etc...
- Proof of residence in the form of photocopy of Ration Card, Electricity / Telephone bill, etc..
- If the address in addhar, Voters ID, Driving License, etc... (ID Proofs) is same as the residence address, the separate residence address proof is not required.
Basic Features
- Nomination Facility
- Personalized Cheque-book facility
- Standing Instruction Facility
- RuPay Debit cum ATM Card
Other Services
- ATM usage
- 8 a.m. to 8 p.m. personalised banking
- Fund remittance facility such as issue of Demand Draft, Pay Orders.
- RTGS, NEFT, ECS
- Any Branch Banking through Core Banking Solution
- Lockers at Competitive Price