Fixed Deposit

A fixed deposit (FD) is a financial instrument provided by banks which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.

• Fix deposit scheme is an attractive scheme to deposit your savings for fix period for 46 days to 81 Months as per your future requirements.
• We provide attractive Interest Rates to our Customers from time to time.
• We offer 0.50% extra Interest Rate to Senior Citizens on fix deposits of more than 1 year period and above.
• We offer nomination facility for all deposit accounts.
• We provide quarterly, half yearly, yearly Interest payment to our customers on their existing Fix Deposits as per their instruction. We also provide monthly intrest as per RBI guidelines.

New Rates of Interest on Deposits scheme effective from 01/05/2021

Time Period	General(%)	Senior Citizen(%)
46 days to 90 days	3.75 %	4.25 %
91 days to 180 days	4.00 %	4.50 %
181 days to 365 days	4.65 %	5.15 %
13 months to 24 months	5.25 %	5.75 %
25 months or above	5.00 %	5.50 %
M.I.S ( 37 month or above)	5.00 %	5.50 %