| Deposit Tenure – Minimum |
12 Months |
| Deposit Tenure – Maximum |
60 Months |
| Type of Rate |
Fixed |
| Minimum Deposit Amount |
Annual/Cumulative income Plan minimum Rs 10000/-, Monthly income plan minimum Rs 20000/-, & quarterly income plan minimum Rs 40000/- |
| Maximum Deposit Amount |
Rs 50 Million |
| Interest Frequency |
Monthly,Quarterly,Annual & Componded Annually |
| No of Depositors |
Minimum 1 & Maximum 3 |
| Credit Rating |
CARE- AAA & ICRA-MAAA |
| Nomination Facility |
Allowed |
| Premature Withdrawal |
Allowed |
| TDS On interest on Deposit |
NO Tax deduction at source on interest |
| Eligible Depositors |
Individuals,HUF,AP,NRI,Trusts,Foundation,Co-op Societies,Firms & Corporates |
| Sr Citizen |
Additional ROI – 0.35% |
| Deposit Mobilization |
Direct & Through Brokers |
| Brokerage & Incentives |
Yes(tenure based & deposit amount based) |
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