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Security Deposits
Features
- The Fixed Deposit is available in a single mode of operation.
- Maturity period ranges from 6 months to 10 years.
- Minimum amount of deposit required is Rs.10,000 and beyond that deposits can be in the multiples of Re.1.
- Interest is compounded quarterly and reinvested with the principal amount.
- Interest will be subject to TDS.
- The Fixed Deposit cannot be auto-renewed.
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